Minimum wage hike folly
Most people are aware of the West Virginia minimum wage hike and Obama’s call for forced wage hikes, but I must disagree with forced wage increases. Have you ever taken the time to realize that when the cost of labor goes up, the cost of all other goods and services also goes up? Wage hikes simply pass increased costs through to all consumers through higher costs.
So people are misleading themselves and others when they think wage hikes across the board truly help people when instead it mostly pushes up inflation. If you are given more money to spend yet everything now costs more, what have you really gained? Also there is no such thing as a “fair” wage, for virtually everyone thinks they should be paid more.
This wage hike will make it more difficult for entry-level young people to find employment. Also, as labor costs go up, certain types of jobs move to locations with lower labor costs. Why are the same folks who cry the loudest about jobs going overseas the first people in line to suggest higher and higher wage hikes?
Wages should be determined between the employee and employer, and let the government at the local, state, and federal level stay out of it. This is especially true for non-profit organizations where volunteers are needed, yet if paid anything at all the person must by law then be classified as an employee, paid at least minimum wage, and no hours can then be volunteered.