Comments on: Minimum Wage Increase http://www.debtfreehispanic.com/minimum-wage-increase.html Personal Finance Tips and Lessons Learned About Loans, Credit Cards, and The Freedom To Be Wealthy Wed, 23 Jun 2010 19:08:09 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Family Man http://www.debtfreehispanic.com/minimum-wage-increase.html/comment-page-1#comment-1052 Family Man Tue, 14 Jul 2009 18:16:49 +0000 http://www.debtfreehispanic.com/?p=606#comment-1052 Some very good points, but unfortunately in the world of capitalism it is a necessary fact. As long a people are willing to take the minimum wage jobs, they will always be there, and it will never catch up with fairness. Some very good points, but unfortunately in the world of capitalism it is a necessary fact. As long a people are willing to take the minimum wage jobs, they will always be there, and it will never catch up with fairness.

]]> By: Web Career Girl http://www.debtfreehispanic.com/minimum-wage-increase.html/comment-page-1#comment-1048 Web Career Girl Tue, 14 Jul 2009 14:56:14 +0000 http://www.debtfreehispanic.com/?p=606#comment-1048 I see your point about the minimum wage in the last section - it is definitely true that the cost of items go up when the minimum wage does. It is unfortunately a fact of life. This is why I often think that the minimum wage often increases after inflation has already happened - though apparently the UK government are proud to say their increases go up above inflation. By the way, I live in the UK and the minimum wage does go up every year like the US one. It has been in place for 10 years, but it has changed and gone up throughout this period starting at £3.60 in 1999 and now at over £5. It is sad,but there will always be people working hard for little return. And there will always be people wanting to exploit that fact. It also seems bad to me that those in the UK aged 21 or order are not eligible for full minimum wage. The top amount only applies to ages 22 and above. Seem unfair to those under 22 who work exactly the same. I see your point about the minimum wage in the last section – it is definitely true that the cost of items go up when the minimum wage does. It is unfortunately a fact of life. This is why I often think that the minimum wage often increases after inflation has already happened – though apparently the UK government are proud to say their increases go up above inflation. By the way, I live in the UK and the minimum wage does go up every year like the US one. It has been in place for 10 years, but it has changed and gone up throughout this period starting at £3.60 in 1999 and now at over £5.

It is sad,but there will always be people working hard for little return. And there will always be people wanting to exploit that fact. It also seems bad to me that those in the UK aged 21 or order are not eligible for full minimum wage. The top amount only applies to ages 22 and above. Seem unfair to those under 22 who work exactly the same.

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