Comment: Two issues

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Two issues

Issue number one: how much is a service worth to the employer? $3/hr? $5/hr? $10/hr? If the minimum wage was under $3/hr, then all three jobs would be available to the labor market. If the minimum wage was raised to $6/hr, then the $3 and $5 jobs would disappear. If it were raised to $15/hr, then all three of the jobs would disappear. Products and services will not be offered to the market because it will be uneconomical to employ anyone to do them.

Issue number two: prospective employees value their time and effort differently. Some just need something to do (teens, retirees) and $3 is a welcome bonus. Some have a payment of some kind to make, and $5 will be a god-send. Some are struggling at living independently and so they have to make at least $10/hr to cover rent, utilities, food, and taxes. These might be ones who gain work experience, take on more responsibility, learn new skills, and look for better jobs to better themselves.

When the minimum wage is raised to $15 per hour, the people hurt the most are the workers. There are no jobs for teens or retirees, unless it's unpaid volunteer work. There is no way for people to earn a few extra bucks to cover their extra bills. There is no way for people at the low end of the income scale to get started at bettering themselves.

We all have minimum requrements for income based on our particular circumstances. Mine is rather high, as I'm supporting a college student, a non-working wife, and a parent in an assisted care home. I just read about a guy who owns his tiny cabin free and clear, grows his own food, keeps his electronics to a minimum, barely uses electricity, and works at a job that pays $12,000 per year...and he considers himself to be happily free. I envy him in some ways.

Since our life circumstances are all different, shouldn't we be free to work at whatever wage someone is willing to pay us? Why force us to be idle when we don't wish to be?