Why should we splice the mainbrace regarding federal minimum wage?
Splice the mainbrace, hang out the bunting, get ready to party, for the federal minimum wage rises this week. That, at least, ought to be the celebratory call from parts of the left side of politics, for raising that federal minimum wage to something approaching its after inflation level of the past has long been a goal. The thought being that by raising the federal minimum wage a number of lowly paid workers will be brought up out of poverty. That splicing the mainbrace (which means, in naval parlance, issuing all hands with a tot of rum) might actually be a little premature, for there’s little to no evidence that the rise in the minimum wage will make much difference to poverty. One reason is that very few people actually earn the minimum wage and of those who do, well, it’s something of a chimera that they do. As the Bureau of Labor Statistics tells us: About three in four workers earning $5.15 or less in 2005 were employed in service occupations, mostly in food preparation and serv
Splice the mainbrace, hang out the bunting, get ready to party, for the federal minimum wage rises this week. That, at least, ought to be the celebratory call from parts of the left side of politics, for raising that federal minimum wage to something approaching its after inflation level of the past has long been a goal. The thought being that by raising the federal minimum wage a number of lowly paid workers will be brought up out of poverty. That splicing the mainbrace (which means, in naval parlance, issuing all hands with a tot of rum) might actually be a little premature, for there’s little to no evidence that the rise in the minimum wage will make much difference to poverty. One reason is that very few people actually earn the minimum wage and of those who do, well, it’s something of a chimera that they do. As the Bureau of Labor Statistics tells us: About three in four workers earning $5.15 or less in 2005 were employed in service occupations, mostly in food preparation and serv
Splice the mainbrace, hang out the bunting, get ready to party, for the federal minimum wage rises this week. That, at least, ought to be the celebratory call from parts of the left side of politics, for raising that federal minimum wage to something approaching its after inflation level of the past has long been a goal. The thought being that by raising the federal minimum wage a number of lowly paid workers will be brought up out of poverty. That splicing the mainbrace (which means, in naval parlance, issuing all hands with a tot of rum) might actually be a little premature, for there’s little to no evidence that the rise in the minimum wage will make much difference to poverty. Sources: http://www.examiner.
