04-11-2014, 09:31 AM
Aloha all,
Minimum wage is an entry level pay. A real living wage is what one earns after developing skills, getting an education, or starts and develops their own business.
As a successful business owner, I can tell you this increase will decrease the number of new jobs available for our youth. I would never consider hiring a 16 year old kid or much less an adult with no experience for $10 an hour. There are costs to training and developing skills. You will see the youth unemployment sky rocket even higher than it is, and you will see fewer jobs. If you have never owned your own business you might not understand.
Giving families an increase in earned income tax credit would have been the smarter way to go for those that have lingered in these low paying jobs due to a lack of skills or education.
Minimum wage is an entry level pay. A real living wage is what one earns after developing skills, getting an education, or starts and develops their own business.
As a successful business owner, I can tell you this increase will decrease the number of new jobs available for our youth. I would never consider hiring a 16 year old kid or much less an adult with no experience for $10 an hour. There are costs to training and developing skills. You will see the youth unemployment sky rocket even higher than it is, and you will see fewer jobs. If you have never owned your own business you might not understand.
Giving families an increase in earned income tax credit would have been the smarter way to go for those that have lingered in these low paying jobs due to a lack of skills or education.