This 22 Year Old Thinks $15/Hour Min Wage Would Be A Disaster | OPINION
The views contained within do not necessarily reflect those of the staff, management, or sponsors of Townsquare Media and are solely those of the author.
Let me be clear, I am not saying the minimum wage shouldn't be raised, but I'll get to that...
I guess I should preface this by saying that my mother is a small business owner so the minimum wage hike is something that really scares her. My mother does pretty well for herself and has a steady flow of income as a small business owner, while there are other businesses out there that might not have the steady cash flow as she does - so it would even be worse for them.
Governor Murphy has not only flirted with the idea of raising the minimum wage in New Jersey to $15/hour, but he even went to the extent to ask the legislature to raise the wage.
I am not even going to get into the economic impacts that this could possibly have at the pumps, in grocery stores, etc -- I am just going to focus on small businesses in New Jersey that are already struggling.
First off, yes the minimum wage right now is very low and it's physically impossible to live on $8.60 an hour even when you're doing 40 or 50 hours a week. I definitely think the minimum wage should be raised to $10/hour to start and the legislature should review the wage every year to keep up with inflation.
It's becoming harder and harder to find businesses in New Jersey that will offer people MINIMUM WAGE. While I am sure there are some out there that start at the minimum, most businesses out there start you at or above $10/hour.
First off, there are plenty of businesses out there that are looking for employees and will pay top dollar for hard workers. I worked in the fast food industry for 5 years; from the age of 16 to 21. And while I hated every single minute of it, I worked my way up to being a manager in less than a year and made some decent money (for working in fast food). If I wasn't in college, I would have probably got an apartment with the salary I was on.
One of the biggest things I dislike about my generation (millennials) is that we all think that we are entitled to literally everything. I am not saying I am without sin, but I mean come on... dig in and work. I am the first one to say, yes tuition is crazy expensive (and shouldn't be), but it's possible.
I hate painting millennials with a broad brush, but we have to stop the entitlement. It starts with stopping the nonsense talk about raising the minimum wage in New Jersey to $15 an hour because in reality a jump that big would just hurt small business and would eventually eliminate jobs. Not to mention that companies are likely to eliminate positions entirely. Like McDonald's.
Let's do the math: if 16-year-old John Smith works at a fast food joint 40 hours a week for $15/hour he would gross (before taxes): $31,200 annually.
- The average EMT makes $32,670 annually.
- The average Army E-1 Private makes $37,037 annually.
I don't know about you, but it really irks me that a teenager working in a fast food joint could make just as much (or very close to) an EMT that literally SAVES LIVES or a person that literally goes fights for this country. I'm not with that, at all.
Instead of raising the minimum wage to $15/hour why don't we:
- Stop taxing gasoline.
- Strike deals with corporations to hire more employees per month at a high, livable wage.
- Make community college more affordable.
- Lower property taxes.
- Lower the sales tax.
- Create a higher minimum wage for corporations so it the hike doesn't burden small businesses.
What do you think about the minimum wage hike? Let us know in the comment section below.