Essay on Minium Wage

811 Words Aug 5th, 2013 4 Pages
MINIMUM WAGE Thomas Sowell and Walter Williams
Thomas Sowell views Minimum Wage as a "Living wage kills jobs." As the wage rates rise, so do job qualifications, so that less skilled or less experienced workers become "unemployable." Think about it. Every one of us would be " unemployable" if our pay rates were raised high enough. Thomas Sowell
I have been a victim of not being so skilled in a area and with a high wage I was laid off so a more skilled worker could earn that pay. I went unemployed for 4 months because of this. People in minimum wage jobs do not stay at the minimum wage permanently. Their pay increases as they accumulate experience and develop
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I am a white male and I am treated just the same in my opinion. It all comes down to education and thinking in my opinion. I agree with how the state and federal levels can be blamed for the crisis in employment for minority young adults. But aren't we also supposed to be all equals now? The best way to sabotage chances for upward mobility of a youngster from a single- parent household, who resides in a violent slum and has attended poor-quality schools is to make it unprofitable for any employer to hire him. The way to accomplish that is to mandate an employer to pay such a person a wage that exceeds his skill level. Imagine that a worker's skill level is such that he can only contribute $5 worth of value per hour to the employer's output, but the employer must pay him a minimum wage of $7.25 per hour, plus mandated fringes such as Social Security, unemployment compensation and health insurance. To hire such a worker would be a losing economic proposition. If the employer could pay that low-skilled worker the value of his skills, he would at least have a job and a chance to upgrade his skill and earn more in the future. Minimum wage laws have massive political support, including that of black politicians. That means that many young black males will remain a part of America's permanent underclass with crime, drugs and prison as their future. by

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