(first draft) Yet Another Argument Against Minimum Wage IncreasesSubmitted by Chris Souptonutski on Tue, 02/18/2014 - 22:59
(This is Pulitzer-level shit I'm laying down here so listen up derps.)
The minimum wage is a hot topic right now, mostly among politicians, poor people, the nouveau riche and the former middle class. As a wage slave grunt I would like to speak for all the poor people, if I may, against an increase in the minimum wage. Because you see, it's a matter of simple competition.
The proposed increase in the minimum wage is from $7.25 to $10.10 per hour - a 40% increase. This would be for entry-level positions most typified by the 'fast-food' industry, so we'll use that as our example. While I'm currently working at the $12 per hour level I have been a $10 and a minimum wage employee (when it was $5.75) so I can offer comparisons between each.
One thing most prevalent in the existing pay scales is the amount of heavy lifting. $10-per-hour employees do more lifting than $7.25 minimum wage employees. They face a greater risk of injury and they have less downtime. They also don't have as much access to free food. If I was working a $10 per hour job and saw that I could make the same $10 per hour doing a bunch less lifting and risk of injury I'd jump at that opportunity.
So if I were still working a $7.25 per hour minimum wage job, I might applaud the increase to $10, until I realized that there would be a lot more new competitors for my job. Of course, a lot of $10 per hour workers are working towards more than a paycheck. They may be trying to learn more about an industry at an entry level. So they will stay in their harder and higher labor $10 position for that increased benefit.
Ultimately this might help them, as their loyalty pays off when they are offered an unexpected pay increase. But the temptation to take a lower-skilled job for the same pay increases, all the while ...