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Thu Nov 15, 2012, 10:38 PM

Americans Want to Raise the Minimum Wage

The Nation:

Americans Want to Raise the Minimum Wage

Bryce Covert November 15, 2012

Voters didnít just send President Obama back to the White House on Election Day. They also voted to raise the minimum wage in three different cities. Albuquerque, NM raised its minimum wage from $7.50 to $8.50 per hour, and it will automatically adjust to keep pace with the cost of living in future years. San Jose, California, raised its minimum wage from $8 per hour to $10, and it will also adjust automatically. Long Beach, California, went even further, not only giving hotel workers a living wage adjustment to $13 an hour, but also guaranteeing them five paid sick days per year. The first two raises alone will impact an estimated 109,000 workers.

Yet action to raise the minimum wage of $7.25 an hour is completely stalled at the federal level. Itís been stuck for over three years and it still isnít indexed to inflation. That wage adds up to a pitiful $14,500 a year, not enough to make rent in any state. Itís over $3,000 below the poverty line for a parent with two kids. Its purchasing power is 13 percent lower than in 1979. Yet the average minimum-wage worker earns about half of his or her family income.

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The CBPP calculates that a mere twenty-five-cent increase in the minimum wage would mean an extra $520 a year for a full-time worker. If one plan to gradually raise the floor to $9.80 by July 1, 2014 were enacted, 28 million workers would get a raise of nearly $40 billion in additional wages....

snip

In post-election polling, Greenberg Quinlan Rosner found that a huge plurality of voters are for it. Nearly 70 percent of respondents support a raise, with 47 percent strongly in favor. A mere quarter stood against it.

Our economic times demand a raise in the minimum wage. The Economic Policy Institute estimates that it could increase GDP by about $25 billion and create approximately 100,000 net new jobs. Perhaps even more importantly for lawmakers, though, is that American voters also demand it.

http://www.thenation.com/blog/171284/americans-want-raise-minimum-wage

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Reply Americans Want to Raise the Minimum Wage (Original post)
amborin Nov 2012 OP
Chiquitita Nov 2012 #1
DJ13 Nov 2012 #2

Response to amborin (Original post)

Thu Nov 15, 2012, 10:47 PM

1. We sure do!

One of the best ways to improve childrens lives too. Pay their parents. A living wage!

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Response to Chiquitita (Reply #1)

Thu Nov 15, 2012, 11:03 PM

2. My wife's employer has refused to give any hourly workers raises since 2007

Needless to say its getting kinda tight for more than a few workers there.

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