The only area that I would agree with minimum wage is in immigration reform, the guest worker program.
Sentiment: NEGATIVE
I'd be 100 percent supportive of a minimum wage - kind of industry specific, maybe regionally specific - for guest workers, so that we're not creating incentives for employers to bring in immigrants to lower the price of labor.
The minimum wage is something that F.D.R. put in place a long time ago during the Great Depression. I don't think it worked then. It didn't solve any problems then and it hasn't solved any problems in 50 years.
Raising the minimum wage seems to all economists to, at the very least, fail to 'raise' employment, and we'd all like to see better inclusion of low-skilled workers into good-paying jobs.
The value of the minimum wage shouldn't be eroded, and it has been.
Raising the minimum wage isn't just pro-worker; it's pro-economic growth.
The minimum wage is the black teenage unemployment act. It is the guaranteed way of holding the poor, the minorities and the disenfranchised out of the mainstream is if you price their original services too high.
Literally, if we took away the minimum wage - if conceivably it was gone - we could potentially virtually wipe out unemployment completely because we would be able to offer jobs at whatever level.
Most arguments for instituting or raising a minimum wage are based on fairness and redistribution. Even if workers are getting a competitive wage, many of us are deeply disturbed that some hard-working families still have very little.
In the general economy, you get government involved in making market decisions - first of all, they're going to get it wrong. For a minimum wage, you will actually reduce the number of jobs available.
No person can maximize the American Dream on the minimum wage.
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