There are people who are so desperate that they are willing to take any job. Even jobs that are illegal (drug dealing, prostitution, child laborer, etc.) We have deemed these jobs illegal because we recognize that there is a high social cost to them. If we let the most desperate people write the rules, anything goes.
Social costs attend low-paid jobs, too. These costs are fairly low and managable when then the economy is diverse and performing well. But when low-paid jobs are all that’s available, then costs become quite taxing on society. Food stamps, Medicaid, housing vouchers, free-lunch programs…all of these are literally taxing. Thus, it is everyone’s “business” to make sure that wages are livable. No one is operating on their own private island. We’ll all drawing on public resources. So the public has every right to question what employers and employees are doing.
What I hear people saying is that we shouldn’t penalize the businessman’s profit-making abilities by mandating a minimum wage. But as a taxpayer, why should I be asked to subsidize his profit margin through social welfare spending? How should I feel about this guy’s business if the food stamp office and food pantry are packed with his employees day after day? If his wages aren’t enough to keep them fed and their light bills paid, then those wages aren’t reflective of the true worth of those employees. A person who works full time should be able to support themselves independently of the government. Otherwise, it’s a waste on their time and the resources the community has invested in these people. I don’t pay my taxes just to make a couple of already lucky people even luckier. I expect my monies to be used to generate wealth for all of us.
For me, one test for whether something is “good” or “bad” is how I would feel if it were the norm rather than the exception. If the median hourly wage was $10-15, things would suck, but it wouldn’t be a total dystopia. As a society, we’d be able to grow, though at a slow clip. We’d still have aspirations and some reason to be optimistic. We’d have to cut a whole lot of corners, but we would still be able to pursue happiness in a legal, resourceful manner.
But if the median wage was the current minimum wage? Yeah, I don’t even want to think about that. Everything would fall apart. Responsible people couldn’t raise families. Irresponsible people would try. And fail. Over and over and over again. And we would deteriorate.
Maybe back in the day, the “responsible” person would be motivated to work hard and avoid minimum wage-type work completely. But nowadays, being responsible simply isn’t enough. There are plenty of responsible people who are filling out applications for Walmart and Target and McDonald’s. These people have children or would like to have them one day. Keeping their wages unreasonably low, in hopes that doing so will inspire them to be even MORE responsible? Is this what other developed countries do?
If the rich keep getting richer, why isn’t society as a whole seeing any of that largess? Mr. Rich Guy who doesn’t want a minimum wage and also doesn’t want to be taxed? IMHO he can burn in hell. He wants something for nothing. A person like this is a goddamned leech on society.