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Wednesday, June 27, 2012

Some Employers and Republicans Want to Lower the Minimum Wage -- Here's Why They're Completely Out of Touch

"CORPORATIONS  ARE PEOPLE MY FRIENDS!"
In Arizona, GOP legislators fight to allow employers to pay teens working part-time three dollars per hour less than the state minimum wage - a mere $4.65 per hour.
June 25, 2012

If you've been on Facebook this week, you've probably seen the Chris Rock quote making the rounds:
"I used to work at McDonald's making minimum wage. You know what that means when someone pays you minimum wage? You know what your boss is trying to say? It's like, 'Hey, [if] I could pay you less, I would, but it's against the law.'"
Now it seems that some minimum wage employers are trying to pay their workers less -- and to even make it legal to do so. It seems unfathomable that anyone would consider the minimum wage -- which, for a full-time worker, provides a yearly salary that is thousands of dollars below the poverty line for a family of three or four -- to be too high. But in Arizona, Republican legislators are pushing a bill that would allow employers to pay teenagers working part-time a full three dollars per hour less than the state minimum wage, which works out to a mere $4.65 per hour.

And the Florida legislature is considering lowering the state minimum wage for tipped employees by more than half, from the current $4.65 per hour to the federal minimum of $2.13. OSI Partners, the company that owns Outback Steakhouse, supports the legislation.

Given the current political discourse on how best to create good jobs and help struggling families, OSI's involvement is especially noteworthy since the firm is owned by Bain Capital, the company that Mitt Romney co-founded and in which the Republican presidential nominee still has tens of millions invested.
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