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Comments about ‘Activists push for higher minimum wage’

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Published: Saturday, Oct. 6 2012 4:21 p.m. MDT

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Al Alias
SOUTH SALT LAKE, UT

Instead of raising minimum wage we ought to establish a maximum wage. Limit executive compensation to some reasonable multiple of the total compensation of their organization's least-paid employee. For example, if executive pay were capped at 100x and their organization employed part-time (20 hrs/wk) staff at $7.25 per hour with no benefits, no one at that company should be paid more than $754,000 per year- including benefits, bonuses, options, perks, and anything else constituting compensation.

I don't know if 100x is the optimal number. Few organizations would even be affected by a 100x salary cap. I think owners and executives definitely shouldn't be paid any more than that, and I suspect a much lower multiplier of perhaps 20x would produce desirable results. If you're CEO of a zillion dollar corporation and you wanna make more than $150,800 per year (if you're capped at 20x), then pay your part-time janitors more than $7.25 per hour or hire them full-time or give them some benefits like health insurance. Or fire 'em and relocate your business to Europe. See ya.

Rifleman
Salt Lake City, Utah

Re: Al Alias SOUTH SALT LAKE, UT
"Instead of raising minimum wage we ought to establish a maximum wage."

Where in the US Constitution would the Federal Government be given power to dictate wages? China maybe, North Korea certainly, but this is the USA where the Founding Fathers placed some limits on the power of government.

Al Alias
SOUTH SALT LAKE, UT

Re: Rifleman "Where in the US Constitution would the Federal Government be given power to dictate wages?"

Probably the same place that grants them the authority to dictate minimum wages.

Also, recent history has demonstrated that the limits on the power of government that the founding fathers intended are easily stretched or simply ignored with impunity.

Brave Sir Robin
San Diego, CA

Ever notice that, despite a history of dozens of raises of the minimum wage, it never seems to do what all the proponents say it's going to do? In other words, if raising the minimum wage is supposed to lift minimum wage earners out of poverty, why are minimum wage earners still impoverished after the minimum wage goes up? Well, here's why:

- Minimum wage earners are poor so they ask for the minimum wage to go up.
- Liberals raise the minimum wage.
- Employers raise their prices to cover the extra expense foisted on them.
- Now everything costs more, so again the minimum wage earners can't afford stuff and are poor.
- Repeat the above.

By raising the minimum wage, all you do is cause inflation. Nobody gets wealthier...everybody just gets annoyed, and the middle class (the non-minimum wage earners whose raises don't keep up with inflation) actually get poorer from with respect to purchasing power.

It's so simple, folks...quit raising the minimum wage!

killpack
Sandy, UT

Ha, you want to see unemployment go up, raise the minimum wage again. Businesses already don't want to hire people, for various reasons, including the existing minimum wage. Raise the minimum wage and you can guarantee, like clockwork, that businesses will immediately start firing existing minimum wage earners.

rick122948
boise, id

We lose sight of certain things. If employers can't afford to pay a living wage then they shouldn't be in business. The disparity between the rich and the poor gets wider and the middle keeps hoping to become better off which is ok as long as it isn't to the detriment of those stuck at the bottom and believe it the rich will make sure they stay there.

killpack
Sandy, UT

rick122948,

That's a great idea. Let's shut down businesses who shouldn't be in business. That'll fix the economy. What?

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