http://crossfire.blogs.cnn.com/2014/01/08/should-the-minimum-wage-be-increased/
I think that the minimum wage should be increased. People cannot live on $7.25 an hour. Nor can they progress in society on $7.25 an hour. Big businesses can afford an increase in minimum wage. They may not want to, but they can. There is the argument that some people will lose their jobs, which is true. Small businesses that really can't afford to employ as many people as they currently do if the minimum wage increased would have to lay off workers, but that would be a very small percentage of people, I think. And in order for the economy to grow we need this extra money being pumped into it. And after a few years things should balance out. People get paid more=people spend more=businesses make more. So, those small businesses should be able to catch up after not too long. It's the cycle and the way of the economy. It's happened before and it needs to happen now.
Mary Jo I agree that minimum should be increased. But, by how much? I don't think the claims of up 15 dollars should be the solution. I think that we raise it by a few dollars to start. If we raise it too much then businesses will have to raise prices and that will offset the raise of wages, anyway. So raise minimum wage a little bit but not too much.
ReplyDeleteI agree, Mary Jo, everyone deserves a living wage. People who are doing menial jobs that no one else wants to do are living from paycheck to paycheck, and it's wrong. Perhaps the execs who won't raise the wages should live a day in their employees' shoes?
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