Saturday 13 January 2018

On the dire need for an overhaul of Minimum Wage

Times have changed, for the worse:

Only one-in-five workers earning minimum wage are teenagers now, and about the same percentage of people are married. About 60 percent of workers earning minimum wage or less are working part-time, but that doesn’t mean they don’t have to work. Many want but can’t find full-time work.

Most of the others are constrained by child care, health problem, or school schedules from working more. If we think about those individuals who would see a benefit from an increase, the average worker is older, less likely to be working for discretionary income and more likely to be supporting a family.

Bolding mine. Not trying to insult your intelligence, but since I've had to explain the meaning of the word "discretionary" to college grads about six times in the last few years, I might as well do it again here. It dates back to the 14th Century, and denotes somebody has the power to "judge or choose" courses of action. Often tied with "age of ascension" in certain cultures granting adult status. But in this context, it means you have the freedom to decide how to spend the money you've earned. And when your rent, utilities, and food requirements outpace your earnings, that choice has already been made for you. I know that's long-winded, but I've heard too many Democrats parrot that "just for teenagers" meme lately when minimum wage comes up, and I wanted to drive a stake in that meme's heart. Something I've also heard, which makes sense on a certain level: "We need to bring back the EITC to give these folks a boost." Yes. But not as an alternative to a minimum wage increase. Why not? Because the EITC is taken from tax revenues, and not from the private-sector employer who *should* be paying better. And before you say that next thing:


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