Minimum wage, is it a good or a bad thing?  Now there are definitely two camps for this argument, and in my opinion both have very solid arguments.  Minimum wage prevents exploitation, and makes sure that the workers are receiving a fair break for the work they are doing.  Now on the other side of this is that a minimum wage increases the cost of production, which then increases the cost of goods.  Now one would hope that the wages that were being brought in by the worker would return to the company in some way, shape or form, but it doesn’t always work that way.  In this modern society with NAFTA and Free trade I would argue that a high minimum wage is actually hurting job creation.  Let me explain, because of this high minimum wage we have in America, and the political climate of the early 1990s companies began to move their production facilities overseas.  This wasn’t a huge problem in many places, and yes readers I know you could give me a list of places that it was a problem, starting with the entire state of Michigan, and Americans began enjoying these lower cost goods.  Now we have a problem, Americans expect low-cost goods in an economy without many service jobs.  Americans enjoy a decent minimum wage, but if we begin moving manufacturing into the United States costs would go up, and then that minimum wage wouldn’t go as far.  Basically the cost of everything would have to become lower, for manufacturing with a decent minimum wage to work.  From the materials to the people.  I guess we shall see, but I don’t see any way anything will change.

Related articles

• Scope for minimum wage in some sectors here: Industry players (todayonline.com)
• Bill Pushes for Increase in Wages (nytimes.com)
• Dems Introduce Legislation To Raise The Minimum Wage (crooksandliars.com)
• Minimum wage lifted (finance.ninemsn.com.au)
• Bangladesh garment workers demand wage hike (news.in.msn.com)
• For Your Information: Jesse Jackson Jr. And House Democrats Propose To Raise Minimum Wage To $10 Per Hour (bossip.com)
• Big Government, Unions, and Minimum Wage. Why all Three are Bad for America (constitutionclub.org)
• Minimum Wage Debate Heating Up (ibtimes.com)
• Minimum wage bill pushes federal increase to $10 an hour (thegrio.com)
• House Democrats Propose Increasing Minimum Wage To $10 (thinkprogress.org)
• Poor ‘need rise in minimum wage’ (itv.com)
• The 20 Million (opinionator.blogs.nytimes.com)
• Senate Republicans Introduce Bill To Block Home Health Workers From Making Minimum Wage (thinkprogress.org)
• Rhode Island Legislature Approves Minimum Wage Hike (connecticut.cbslocal.com)
• $10-Per-Hour? Bill Calls For Significant Minimum Wage Hike (detroit.cbslocal.com)

This post was written by: PurplePolitico