And I guess Rep. Sali would also say the 30 million dollar parachute packages are just like gravity -- natural. Greed is natural. So is the need for people to actually make enough money to feed, clothe, and house themselves.
It always surprises me to find folks on FR who think like you do.
The minimum wage is a joke. It acts more as a wage ceiling than it does a wage floor. And in fact, it is much more about union contracts that are tied to the minimum wage than it does to actually helping "the working poor."
Increasing the minimum wage is a financial payoff by Democrats to their union supporters. That's the truth.
The 30 million dollar parachute packages are PRIVATE contracts reached between 2 consenting entities. Just as ANY job's salary is. If you don't like $5 and hour, don't accept the job. Governement has NO place dictating salary terms between a worker and an employee!
But raising the min wage does not do this. What it will cause, is for the market to respond naturally, laying off people that they cannot afford, and/or raising the cost of their goods and services to account for it that just get passed on to...well, all of us, but are most burdensome on the very people you are talking about.
The answer is the free market and to allow people to hire people and pay them what their work is worth and then for those entry level workers to gravitate up in the work place...which is what does happen. Very few people, outside of high school kids, stay on the min wage for long. Nor should they be encouraged to do so by artificially raising it.
You are right. It is tough to make ends meet when you are unemployed. Taxing businesses does not create jobs!
You don't improve people's lives by making their jobs more expensive than those jobs are worth doing.