Sunday, February 24, 2019

Elizabeth Warren’s minimum wage scam

Looking at the excellent stats in this article, I see I might have been making close to minimum when I worked in high school and saved enough to pay for my first year in college. But it was a gift, not a wage. I wasn't worth it. Someone had to take a chance. And I could get a 25 cent tip for a 10 cent cup of coffee in those days.
"The minimum wage prevents some of the least skilled, least educated, and least experienced workers from participating in the labor market because it discourages employers from taking a chance by hiring them. In other words, workers compete for jobs on the basis of education, skill, experience, and price. Of these factors, the only one on which the lesser-educated, lesser-skilled, and lesser-experienced worker can compete is price."

I had many advantages as a low wage teen that others less fortunate might not have. My employers knew my parents; they knew my sisters;  they had known me since I was a toddler; they knew what our family values were, that I had been taught by my parents to be responsible, on time, and how to treat adults; they knew I was an A student (honor roll was published in the town paper) and could probably be trusted at the cash register (they didn't know how bad I was at math); they knew I could walk to work in snow or rain; they knew my school schedule including social events because their son was the same age; they felt a sense of responsibility to the community, their customer case. And I knew there were 10 other teens who wanted that job.

1 comment:

Gene Bach said...

When I was starting out minimum wage was whatever the job paid. Some were more minimum than others. ;-)