What third party came up with the idea of minimum wage?
475174
why the socialist party of course, at least in America.  They also came up with an 80-hour max. work week, unions, equal pay for women and men, and a host of other things laborers today would be pretty sad to be without.
534351
I'm not sure what minimum wage is now.
782992
There are misconceptions about the minimum wage.\nLiving wage - Minimum wage was not designed as a living wage and never will be. It is a benchmark for workers entering the system.\nIncreased cost of goods and services - Many people believe incorrectly that you can raise the minimum wage and it will help the poor or lower middle class. This is not true. Raising the minimum wage causes the cost of doing business to increase. Therefore the price of good and services will also increase thereby rendering the surplus gained from the wage increase null and void. Employers are not going to just absorb the added cost and take a hit on their profit margin.\nJob creation - When the cost of doing business goes up less new jobs are created. Employers forced to pay higher costs will require existing employees to do more while hiring less new labor force.\nSmall Business - Small businesses tend to be primary employers in the most devastated areas of society.  Many have small profit margins to begin with and when faced with higher labor costs find themselves unable to remain in business. Further less new small business is created.\n\nCan we absorb an increase in minimum wage? Yes we can. We have done it in the past, but it is frivilous to believe that there will not be consequences for this action and that the people it is designed to help will actually benefit from it. Most workers do not remain at minimum wage. They get raises or gain experience and move into other better paying positions. The simple fact is that if you have a worker who remains at minimum for years at a time, they are either unmotivated to improve their circumstance, or they change jobs often. Take exception to this statement if you will, but it is a fact none the less.
791218
Hey everyone who says this person is quoting an incorrect figure, I'm sure if you thought about it, it's reasonable to assume the asker means the adjusted to 2006 dollars minimum wage in 1950 is $6.13.  That means the 80 cent (or whatever it was) minimum wage in 1950 has the same purchasing power as $6.13 in 2006.\n\nIf you have to survive on minimum wage you have big problems.  Most likely you didn't pay attention or do very well in school and you probably didn't graduate.  Either your high school didn't offer or you didn't take advantage of vocational training.  You may be a drug addict or an alcoholic.  Anyone who needs to depend on minimum wage for longer than a year has little motivation.  The government basically guarantees loans to low income persons for vocational school or college.\n\nWhen I say you, I do not mean you I mean the person in question who is relying on minimum wage.\n\nReally there shouldn't be a minimum wage, you should be paid according to your value to the company, we only have a minimum wage because there are a lot of companies who know that lower wage earners are a dime a dozen and they can take advantage of them because they need a job and they'll take anything even if it is less than min wage.\n\nBefore Ohio passed its law raising the wage to $6.85 and linking an annual increase to the Consumer Price Index I purposely looked for jobs that paid minimum wage.  Guess what?  I couldn't find any.  At the motel I run we pay people minimum wage for their first two weeks (just to make sure we have someone who is going to last) then bump them to $6.50.  Most of the other service industry businesses in this area pay similarly
998709
I agree.  I think the tax rebates a few years back were detrimental to our economy.  I have an Idea about how not only we can stimulate our economy but generate additional tax dollars as well.  That idea is raising minimum wage.  With as many minimum wage employees as there are, that could inject some major cash into the tax system.  Also, that could help stimulate business because minimum wage workers save an average of 0% of their income; therefore they would be spending more and boosting the economy.
726894
minimum wage, and the impact of changing it.....
895990
Raising the minimum wage will not improve anyone's quality of life.  Ohio just raised theirs.  Know what happened?  A huge nat'l pizza chain raised their pizza prices by $1 exactly, every single pizza.  Increasing the minimum wage will do nothing.  It's symptomatic of the democratic view.  People look to the gov't to improve their lot in life instead of doing it on their own.\n\nTo achieve those things you mentioned, we need our manufacturing jobs back.
305728
Congress is currently considering raising the minimum wage by $1.50, from $5.15 to $6.65 per hour in three installments. Congress last enacted legislation in 1996, increasing the minimum wage by 90 cents from 1996-1997.
742133
Calculated in today's $$, the minimum wage was about $6.13 in 1950. In 1968, in today's dollars it was $9.12. That is not what they actually made, but the equivalent amount today. Check this link...\nhttp://oregonstate.edu/instruct/anth484/minwage.html\n\nThe minimum wage was first set in 1938\n\n"A federal minimum wage was first set in 1938..." \nPlease follow the link that was in my answer and in my source and save your "!" ... now what is the source for YOUR statement, Sir?
486377
You'll probably get minimum wage.
882627
Well, in a nut shell:\nThe minimum wage will raise in September 07 to 6.85\nEvery year the minimum wage will be raised in accordance with inflation\nThe employer must keep a record of all employee wages for the time of their employment and three years after\nAny employee or someone working on behalf of the employee can obtain these records without charge to them\nSmall business's that have a prophet of less then 250K are not subject to the law...neither are family members or household employees, and servers.\n\n\nIf you have any more questions edit your post, I'll be back and try to answer.
1106755
The minimum wage is the same as everyone else, its the maximum hours that is different. I think its like 20 hours a week.
501662
Sure, but you need to mention the other side.  \n\nIf gas was indeed $2584/ barrel, minimum wage would be roughly $268/hr using the laws of supply and demand and equitable compensation spread across the entire world economy.\n\nBTW - Cut back on the crack, you're driving the price through the friggin roof.  It's going to be tough to keep the masses enslaved at this rate.
56082
Last time they did it, before it was even put into action, grocery prices immediately jumped.  Those who made minimum wage spent the extra on groceries.  Middle class people on a salary had to bite the bullet and pay more.  Miminum wage jobs aren't for making a living--they are for a second income or teenagers or college students.  Raising minimum wage won't improve the plight of those with minumum wage jobs.
1006399
I think that this is great. I am a full time student. I also work full time, and have seen the era of no child left behind leaving alot of our young minds behind. As far as the minimum wage, this is a great thing. The minimum wage has not risen since 1997. I wonder who was the president then? Also the current administration has risen the national debt more then any president in US history.
1008727
Every time minimum wage has been raised in the past, the prices of everything else follows.  I'm only 27, and I remember working for $4.25 an hour.  I don't think $7 is enough to live on, but I'm not sure that even raising it to that will do any good.
875872
coming from someone who is in a labor union i would say that if minimum wage goes up than our wages would go up as well because they use minimum wage as kind of a baseline to gauge all other wages. but im not really sure just a guess.