Increasing minimum wage helps economy
We can argue whether or not to have a minimum wage, but since we do, it is actually a math problem. Indexed for inflation and productivity over the last 30 years of trickle-down economics, the minimum wage should be anywhere between 15 and 21 dollars an hour (a conservative vs. liberal estimate).
Yes. Some companies will streamline. There will be adjustments. But, consider that anyone working a full-time job wouldn’t need welfare. And they would have a reasonable shot at affording new products or services. And they could enjoy the chance to have money left at the end of the month.
It’s something worth exploring. Raise the federal minimum wage and have it sunset in four years if you’re so terrified about more people having money to spend (in an economy that lives and dies on consumer spending).
We are a nation of innovators and experimenters. What is wrong with everyone who is willing to work earning a minimum wage that reflects where it “should” be based on simple math?
We need to stop worrying about someone else making near what we each make for a different type of work. Workers decide to work in advertising, carpentry, sales or any other job field because it earns them a living.
Other people earning a living wage does not detract from anyone else’s choices or earnings. And with more money in the hands of the 40 percent of American workers currently earning less than $15 an hour, businesses and individuals’ earnings may pick up in ways we never imagined. DANNY EVANS
Dormont