Raise the Minimum Wage

On Thursday, July 24, the national minimum wage will increase again by 70 cents -- from $5.85 per hour to $6.55 per hour -- the second of three increases due to take effect under legislation enacted by the Democratic Congress. The final increase will take place on July 24, 2009 and will raise the minimum wage to $7.25 per hour. U.S. Rep. George Miller (D-CA), chairman of the House Education and Labor Committee, said that the increase will help many Americans struggling to cope with the economic downturn. Miller was the lead sponsor of the bill in the U.S. House of Representatives and Sen. Edward Kennedy (D-MA) was the chief sponsor of the measure in the U.S. Senate.

Category:

News & Politics

Tags:

• minimum
• wage
• raise
• increase
• worker
• family
• costs

[mrnumanuma]

Dumb-asses. When you raise minimum wage, the companies have to charge more.... You get more money, and you have to spend more money.

[christo930]

That is not true, study history. There was virtually no US inflation at all from 1665 to 1913 with only a couple minor and temporary exception periods when there was war and/or fiat currencies were issued and subsequently withdrawn (revolutionary war, war of 1812 and the civil war).

Over printing of fiat currencies is what causes inflation or sometimes war can temporarily cause inflation, but fiat currencies always cause inflation.

[mark200]

Oh God...

[wohs145]

@mark200

then i recommend you enroll in a writing and reading comprehension class at your local community college.

[mark200]

@wohs145... I really don't understand how you reached that conclusion from what I said.

[wohs145]

@mark200

wait.... youre telling me that 71 years ago the world was more based on international business and less based on small business?

my friend, you are SO ignorant. please seek more knowledge before the next election cycle.

[mark200]

italia4356: Inflation is a natural occurrence that happens in every single economy in the world. There probably wasn't much of a need for a minimum wage up until 71 years ago because there were a lot more small businesses and a lot less national and international corporations. As business sizes grow they cut and cut and cut costs everywhere to remain competitive on a national scale. An example of this is walmart. Wages would continue to be cut if there was no line which no one could not cross

[mark200]

italia4356: Well when you do basic maths with the minimum wage, people should be able to survive on it. That wasn't the case. It hadn't been increased for 10 years. Imagine how much inflation has increased the cost of living, but wages not going up. The minimum wage needs to be adjusted with inflation. Also, compared to other wealthy western countries the US has a fairly low minimum wage in comparison.Frances minimum wage is $12.60 an hour and they're doing just fine and out of recession

[mark200]

italia4356: You're the clueless one. That's why big corporations rule China, yet the population there is so poor. The corporations make billions from cheap labour, but the citizens make close to nothing for the same reason. You need an appropriate minimum wage. That's the reason why they didn't make it 1 million dollars an hour, because they KNOW it needs to be appropriate.

[NWOSupporter2012]

When it is, you will complain for $20/hour. If you want a higher salary, get the ability to produce more capital. When, you work for a company, its not designed to make you rich, only to pay you enough to keep you,until they can replace you at a cheaper cost. Minimum wage increased will make it harder to get pass the poor class,due to less opportunity, because workers are over payed in necessary areas.