Not everyone is a single mother trying to make ends meet for her two children. We should not make economic policy as if they are.
"So why don't we take care of them?" Single mothers trying to make ends meet have access to a wide array of social programs already. We are already not abandoning them to the tender mercies of minimum wage and nothing else.
> Not everyone is a single mother trying to make ends meet
In the meantime, student loans are at an all time high!
Whether or not you had college paid for by somebody else who saved or even if you didn't need to go; Teenagers need more than pocket money, afterall, in 2 years they will, for the median, be committing to loan terms that will take 10+ years to pay off, if they ever do.
A 16 year old also may not have a college opportunity and may decide to go straight to work, may decide to go straight to having a family with a high school sweetheart. At that point, the 16-18 year old needs a liveable wage too.
So, 1.04% of the adult population of the US makes minimum wage.
In your logic, why should we set national economic policy based on 1%?
From [1]: 1.8 million workers made the federal minimum wage or less. But that does not say how many people made less than $15 an hour, which is considered a living wage. According to the NELP in 2016, 42% of US workers make less than $15 per hour. Nearly half of US workers. [2]
So raising the minimum wage would support nearly half the US workforce to be able to, you know, live. I think setting economic policy with this in mind makes more sense than only considering what teenagers need.
[1] https://www.bls.gov/opub/reports/minimum-wage/2017/home.htm [2] https://raisetheminimumwage.com/fight-for-15/
Therefore 0.0230.580.78 = 0.0104, or just over 1% of adults earn minimum wage.
Able bodied people that choose to do nothing deserve to receive nothing.
It would be nice if they could pay for a semester or 2 (or 8) of college instead of using student loans.
You also assume that their parents are able to put healthy food on the table every night; which statistically, doesn't hold for 100% of Americans.
There are a lot of reasons for decreased teenage employment:
- Older employees who should be retired hanging on to jobs longer because they can't afford retirement
- Students finding part time work an inferior return on investment compared to college preparation and other resume-building activities like volunteer work
- College costing so much that high school summer jobs can't possibly pay for a significant fraction of it, essentially making it a less time efficient option than just using future wages to pay for it (loans)
- Lengthened academic years with shorter summers
https://www.apnews.com/66a5d6cade1743fb897aad56e300c99c
I do think that it might make sense to have a lower teenage minimum wage than the normal adult minimum wage. I personally don't assume that a low minimum wage is good for low-skill employees, that just doesn't add up to me.
The inability to pay a living wage equates to all of us not paying the real cost of a good or service.