tag:blogger.com,1999:blog-746324505322049940.post24168459925624399..comments2024-03-22T07:58:59.646-06:00Comments on Pewaukee Economics & Finance : Is a Minimum Wage Increase Viable?Mrs. Straubhttp://www.blogger.com/profile/14927083996757427841noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-746324505322049940.post-36710927436829371172018-05-24T13:31:21.475-06:002018-05-24T13:31:21.475-06:00There is no way that the minimum wage could be inc...There is no way that the minimum wage could be increased to the wanted $15. A smaller increase could be achieved, but nearly doubling it would be too difficult and is too high a wage for many of the jobs at the start. $15 and hour is something that a person fresh out of college might make at their job, not what a high schooler with no job experience whatsoever. While a smaller increase would help the youth, there can't be a huge up in the minimum wage.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-746324505322049940.post-35099671118130760112018-03-26T11:27:55.954-06:002018-03-26T11:27:55.954-06:00This is a great example of "sticky wages"...This is a great example of "sticky wages" in real life, and I would definitely agree with a gradual raise in minimum wage in order to counter the effects of inflation. Furthermore, with the current low rate of unemployment and high demand for workers, an increased minimum wage would benefit the economy by increasing output and spending. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-746324505322049940.post-8314891060079943902018-03-17T15:06:27.335-06:002018-03-17T15:06:27.335-06:00I think it is really cool that you did so much res...I think it is really cool that you did so much research on this topic that is definitely pertinent to us living at the current moment in time. I believe it will be interesting to see when and if the minimum wage will be risen. I find it interesting that different individuals regardless of having access to the same information tend to disagree on how much the minimum wage should increase for those earning the wage. I agree that the wage should be driven up and think that you definitely made your point very clear and concise using evidence to support it really well. Anonymousnoreply@blogger.com