federal minimum wage

Mexico
February 24, 2013 3:15pm CST
federal minimum wage is 7.25 dollars an hour now i just read that the President Barack Obama want to raise it to 9.00 per hour now i am game for that we all want and need money but what about that fast food meal that cost 5. 00 what will the cost be then or how about that drive thru cup of coffee how many people will loose our stores becuse of it what are we willing to go with out and or give up
1 person likes this
6 responses
@cynthiann (18602)
• Jamaica
24 Feb 13
We face the same kind of challenges are our country is debt ridden so badly. It's a bummer, isn't it? We need to spend to keep the economy rolling but we cannot afford to spend and the thought of losing a job will make many people cut back on their spending. Because of two open heart surgeries last year my family is in mega debt and I resigned from my full time job. But, thank God, I do have a part time job and my house is my own pluss we have a farm. Many are far worse off. We have a true saying and this is when the USA sneezes then we get pneumonia
1 person likes this
• Mexico
24 Feb 13
thank you so much for the reply it is so close to home no matter what country we are from
@laglen (19759)
• United States
26 Feb 13
I work for a small NON-profit business. There are 5 people on the pay roll. 4 of us get minimum wage. Of course it would be nice to get a $1.50 raise. But in the process, our prices would go up (we are a bar), my primary income is tips. If our prices go up, my tips go down, therefore I will be making much less money. thank you government for "helping" me again!
@laglen (19759)
• United States
26 Feb 13
Our customers are working class. Raise prices and they can't afford as much. So this will hurt our sales and tips. :(
• Mexico
26 Feb 13
sad to say and i have worked where i got tips so i do understand
1 person likes this
@winterose (39887)
• Canada
27 Feb 13
nothing is ever simple there are many many issues nothing will ever be perfect, hoping it will be better though
• Mexico
27 Feb 13
this is true nothing is perfect they want to raise the wage and will all due rights they should but it should be done every year or two as well with social security then they would not have to make a large increase at one time thank you for the reply
• United States
26 Feb 13
Inflation will continue regardless of minimum wage increases. We are actually quite behind in getting the wage consistant with the increase we have experienced. Many people cannot live on that wage.
• Mexico
26 Feb 13
well i had to move out of the us to live on a little more then 800 per month so i do now and understand
@lampar (7584)
• United States
25 Feb 13
$9.00 per hour may look like a lot of money to a person from a developing country, but in reality, in a developed nation like USA; this minimum wage can hardly sustain a person monthly expenses if he is working only part time,or need to pay housing rent, food, go to college, or even having three meals a day. It just barely enough if you are living with your parent and remain single, no need to pay rent, eat two meals a day, no need to pay personal income tax and state tax, walk to work every day, government pay for your health care cost. People always think it is a lot of money with $9 per hour minimum wages, but taking into consideration of the high cost of living in US and after tax income in your pay check, $9.00per hour can easily become only $6 per hour, which can hardly buy you anything in real life.
• Mexico
25 Feb 13
well i am american and i moved to mexico becuse i could not afford to live in the us
@lampar (7584)
• United States
26 Feb 13
$9.00 per hour is a lot of money for a boy or a girl who has a rich parent at home that give $500- $1,000 a month as pocket money, stay in a rent free house while working in a fast food joints. But is practically nothing for a man who need to take care of his family and put food on the table as well as pay rent for having a roof over his head at night, not even mention have to pay income tax, sales taxand etc.. on top of that $9.00.
• United States
25 Feb 13
Raising the minimum wage has never helped because prices rise and we have to pay income and state taxes on that. Maybe that is why he wants higher minimum wages as it would bring in more income taxes. He doesn't think about how many businesses might have to shut down because of it.