Rethinking Minimum Wage

MINIMUM WAGE…DOESN’T WORK
At $15 an hour that minimum wage has to be passed onto the consumer. Now the costs of everything go up to the point $15 is no longer a living wage. So $20 becomes the minimum wage and when that doesn’t work, it gets raised to $30. Minimum wages never work.

STOP LIVING ON A MINIMUM WAGE AND CREATE YOUR OWN OPPORTUNITY
In 1985 (I was 16) I worked for a grocery store making at the time $3.35 an hour (which was minimum wage) – after a year I left and worked for a pizza shop making double that. Then I went to work for a video store making even more. Every new opportunity I increased my wage. For the last 25 years I have been an entrepreneur creating my own fortune.

WELL YOUR BUSINESS MAKES TOO MUCH
So a business isn’t allowed to make a profit? They (the business owner) took the risks and created a product. The governments (local and federal) incentivize big businesses (Amazon, Walmart, etc) to move into their area which create jobs and in return they receive tax incentives. So although they may pay a reduced tax in some fashion they do contribute to payroll tax, social security and other things. Sometimes these business pay for the road improvements around their businesses.

BUT THE CEO’S MAKE TOO MUCH THEY SHOULD SPREAD THEIR WEALTH TO THEIR EMPLOYEES
As an entrepreneur I don’t see anything wrong with the Walmart family making money. Nor of Jeff Bezos being the richest person on Earth. If the employees dont like working there they can get another job. Simple as that. They aren’t owed anything. At what point is too much money inconsequential? Who makes that decision? You? The Government? What amount is too much? A million? A hundred million? A billion? Or maybe only $100,000 or less.

Minimum wage is a not livable wage, it’s a stepping stone wage so people can learn if that job is right for them and if not they can decide to move on.

Rob Anspach

Anspach Media | Website | + posts

Rob Anspach is affectionately known as “Mr. Sarcasm” to his friends. To everyone else, he’s a Certified Digital Marketing Strategist, Authority Amplification Expert, Best-Selling Author, Podcaster, Speaker, and Publisher who helps entrepreneurs, experts, and organizations expand their influence, credibility, and legacy.

With more than 30 years of experience building brands and positioning leaders as industry authorities, Rob specializes in authority marketing, storytelling strategy, and digital visibility. He is known for helping experts move beyond simply being known… and become respected, trusted, and remembered.

Rob has authored, co-authored, or produced 65+ books covering topics such as social media marketing, podcasting, copywriting, personal injury law, military law, entrepreneurship, customer experience, life lessons, scams, sarcasm-driven business strategy, and more. His publishing and authority-building clients include attorneys, speakers, doctors, consultants, real estate professionals, coaches, and corporate leaders seeking to elevate their visibility and thought leadership.

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