#8424553, By AliRay *possible* significant increase to minimum wage

  • AliRay 15 Feb 2012 12:13:12 181 posts
    Seen 2 years ago
    Registered 7 years ago
    This is interesting if you think about incentives. I have this argument with my mrs every now and then.

    I think the positive incentive of a better minimum wage will get more people back into work and off benefits, whereas she thinks that if benefits weren't so generous and people faced real hardships, then *that* would force them to find work (negative incentive).

    My mrs also argues that increasing minimum wage would be unfair to those at mid-level who's pay wouldn't reflect their education/hard work to get to where they are today. If the min wage goes up, does everyone have to get a pay bump?

    Of course, there is a general shortage of jobs, which is also a separate problem.
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