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Minimum wage hike helps family providers

Two myths regarding the minimum wage should be exposed. One portrays teenagers as the primary beneficiaries of an increase. The facts are 71 percent of workers receiving minimum wage are adults and the average adult minimum-wage worker provides 54 percent of his/her family's weekly earnings. The other myth is raising the minimum wage will produce job losses, particularly among workers the increase is designed to help. Economists studying the 1996 and 1997 increases in the federal minimum wage found no systematic significant job loss. Researchers found the employment effects were generally small, statistically insignificant and almost as likely to be positive as negative.

It is encouraging that 80 percent of North Carolinians favor an increase in the minimum wage. If it had risen at the same rate as CEO pay during the decade of the 1990s it would be over $25 an hour. The federal minimum was last increased in 1997. Subsequent inflation has increased the general price level by 21.7 percent and seriously eroded the minimum wage's purchasing power. Clearly, an increase is past due and four out of five of us say so.

Lawrence B. Morse
Greensboro

The writer is a professor, Department of Economics, N.C. A&T State University.

Comments (13)

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James D. Rockefeller [TypeKey Profile Page] said:

Professor Morse:

To do are you recommend could negatively impact the compensation of the upper 5% of income-earners.

If we negatively impact the compensation of 5% of Americans we risk distroying the trickle down structure that supports the rest of America.

How dare you argue for the Distruction of this country - perhaps your real name is Mohammad and your phone conversations should be monitored - there's a place for your type in Guantanamo Bay.

It's clear you work at a Typical Liberal College - my tax dollars are paying you to sprout dangerous ideas; I'm going to tell my mommy on you.

veracitylimits [TypeKey Profile Page] said:

I agree Professor Morse. I know some who are just getting by at their low-paying jobs. I think it's appalling that an hour of their time is not enough to even afford a decent lunch.

Dan [TypeKey Profile Page] said:

JDR you been smoking something?

Paul Elledge [TypeKey Profile Page] said:

"Subsequent inflation has increased the general price level by 21.7 percent and seriously eroded the minimum wage's purchasing power."

And there is part of the REAL problem, which is statism. Inflation is just one of the layers upon layers of b.s. caused by the government which prevents the natural and general wealth and prosperity of the masses which we would see in the absence of government control and regulation of the economy. The same statists such as the writer of this letter who lament the effects of inflation are the same statists who support inflationary policy. It is only because of the intricate, tangled web the government has weaved that people think we need a minimum wage.

Carol Dunn [TypeKey Profile Page] said:

Dan, I think James is kidding...I sure hope so. Isn't it a beautiful day??? Taking a break from yard work, one of my favorite things to do (yard work, not taking breaks)

I really do have a problem when I hear the salaries of CEO's compared to the workers. Think a little adjustment needs to be made.

Bubba [TypeKey Profile Page] said:

"I really do have a problem when I hear the salaries of CEO's compared to the workers. Think a little adjustment needs to be made."

Yeah, there really ought to be a law. Let's stop those CEOS from earning 10,000 times the minimum wage, and cap them at half the rate.

So what if it's interfering with free enterprise? Fair is fair, right?

DemonDeacon [TypeKey Profile Page] said:

I can remember when responsible corporations had a pay plan whereby the highest paid executive would not make more than X times the lowest paid employee. This was a great system as it boosted morale among production workers and those of us in top management could feel good about what we did. Unfortunately, greed took over and now CEOs and other top level execs pay themselves exhorbitant salaries, bonuses and fees. I say pay themselves, because most public boards have been supplanted by "consultants" who tell the board they "have" to pay the execs that kind of money or they will leave and go somewhere else. Right!

James D. Rockefeller [TypeKey Profile Page] said:

Bubba:

It's no longer "Free enterprise"; nicely, it's called Bully

Yvonne [TypeKey Profile Page] said:

It would seem the only ones who do not support an increase in minimum wage (except Paul) are the ones not affected by it. The ones who are from a "me generation" and to heck with everyone else attitude. The "if I can rise about poverty, so can anybody else if they just blah, blah, blah" crowd. I dare say, if they were in the trenches, working their butts off for less than 6 bucks an hour, they would sing a different tune.

It truly is disgusting that some have so little compassion for the less fortunate. And it is indicative of one of the things that will be our downfall, again.

DemonDeacon [TypeKey Profile Page] said:

I would like to see neoCON, Hugh, Bubba and Dan all weigh in on this---I think we know the way they would lean. My next question would be about religion, church attendance, volunteer boards, as those who oppose raising the minimum wage must reconcile their views with their own religious beliefs, and their own service to the community.
One other thing. I too, would love to see those opposed to raising the minimum, live off the minimum for at least six months. Of course, they'll tell you THEY pulled themselves up by the bootstraps--LOL!


Yvonne,
You are right on target with your last sentence.

Bubba [TypeKey Profile Page] said:


"It truly is disgusting that some have so little compassion for the less fortunate. And it is indicative of one of the things that will be our downfall, again."

Don't you just love it when people use "guilt" as motivation and as an agent for social change?

I remember when I used to think like that. For most people, thinking along those lines usually changes with the onset of maturity.

DemonDeacon [TypeKey Profile Page] said:

Bubba,
Do you have anything to actually SAY? If not, keep your thoughts to yourself and only be thought a fool.

Yvonne,
I worked at min for 18 months and my wife for 3 years. We raised 2 children and lived in a rented trailer. Sorry to bust your ballon.Go to the mall and see all these yellow skin people that came here with the clothes on their back.Look how many shops they own. Its called working for what you want.

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