Talking about money and wages is sort of like talking about climate change. First, it’s always changing. Second, everyone seems to have a different opinion. Some are more correct than others, but what is the real question here? Who should determine the amount a person should be paid?
Our ability to understand this issue depends on who is the focus. Polls show that nearly 80% of the voters sympathize with the employee. However, there are two other parties in the deal—the employer and the government. How you feel about minimum wage laws depends on where you focus your attention.
The real motivation behind a minimum wage increase is greed. Office holders know that the State and National governments stand to be the greatest beneficiary if the minimum wage increases because more wages means more taxes on those wages. More taxes allow the elected officials to spend more money and then pat themselves on their backs for doing so much to benefit more people.