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Timeline: Minnesota and the minimum wage

Comments (5)

  1. Submitted by THOMAS REYNOLDS on 02/06/2014 - 01:16 pm.

    Minimum Wage

    I was surprised by the feelings when I chaired a caucus on Tuesday when a straw poll was held on raising the minimum wage. The caucus split evenly on raising the minimum wage. These were people who should have embraced it. Yet some thought many low earners, simply were not worth the pay they were currently getting. Others thought it would create more unemployment. I was simply aghast at hearing those sentiments. All I could do was think back to the 1960’s when the minimum wage was increased to $3.25 and what it difference it made to our family. It was a time when we could buy gas and milk for a little over $0.23/gallon. A cup of coffee and a full size candy bar was $.05. A brand new Corvette in the showroom was $3,600. When the minimum wage went to $3.25/hr no one lost their job and no business closed. The standard of living for everyone just went up.

  2. Submitted by Jon Lord on 02/07/2014 - 09:13 am.

    I remember

    I worked for more than the minimum wage during the late 60’s, if it was just $1.30. I was getting close to $3 an hour working as a cook for a small restaurant but I suspect it depended on the employer back then also. As it does today.

    There’s this argument today that most small companies will stop hiring full time employees if the minimum wage is raised.
    Then there’s this argument that more people will ‘only’ want to work part time jobs because of Obamacare, that they’ll save more with cheaper ACA insurance than they would by taking the employers insurance benefits for full time jobs, thereby depriving small businesses of full time employees.
    Just looking at those two arguments and melding them together, raising the minimum wage shouldn’t be a problem for small business.

  3. Submitted by Connie Sullivan on 02/07/2014 - 11:12 am.

    We need carefully-researched articles like this, to remind us all that the same complaints about establishing a minimum wage have been made, again and again and again, and the dire results predicted in them never come to pass: the U.S. economy has never stalled or gone backward because we established a decent minimum wage.

    Rather, we stall and have recessions and depressions because of shenanigans at the other end of the income gamut: the super-wealthy who act on their greed.

    • Submitted by Dennis Tester on 02/07/2014 - 02:04 pm.

      It’s not about the money

      Most people on the right don’t oppose minimum wage because of the cost. Cost is simply an easier argument to make and one that most consumers understand.

      They oppose the minimum wage because it’s imposed by government. Business people live and die in the marketplace. They control their own fate, to a great extent, by decisions they make as business people. If they want to pay their people more money, it’s because it’s a strategic decision to attract the best workers. I used to hire kids still in college at 80k a year because their talent as Java programmers was rare at the time and I wanted to get them on board before my competitors did.

      They resent the government, especially politicians who’ve never run a business, who don’t operate in a competitive marketplace, imposing costs on them and then insisting that the business can live with it. They have no clue what a business can afford in a good economy, much less a bad one, and that’s where the pushback comes from. But the resentment is based on it being imposed upon them by clueless government leaders.

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