Raising the Minimum Wage Is Good for the Economy

Published:

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Raising the Minimum Wage Is Good for the Economy

http://www.whitehouse.gov/blog/2013/07/24/
raising-minimum-wage-good-economy

Entry #2,825

Comments

Avatar JAP69 -
#1
Killing the middle class is accomplishing his goal of equal distribution of wealth.
What have been the majority of jobs that are hiring?
Part time low income jobs.
Part time jobs create the need for more employers to hire more people to meet their daily hourly operating schedule.
Equal distribution theory.
Avatar Lucky Loser -
#2
It's not good if the market value isn't there. However, the cost of living in certain places can justify a higher wage minimum. There must be a balance...every Wal-Mart in every state won't be paying $12+ dollars/hr. Market value is what dictates wages for a particular skill set in general.

If they were to offer that kind of coin here in TX as a starting pay, employers would lose people left and right. Wendy's, McDonald's, Jack in the Crack, BK, and many others would be left hanging. Ain't happen in'.

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