if you raise the minimum wage, THE PRICE OF MILK GOES UP. Thats not going to help.
Food inflation is rising a lot quicker than minimum wage. Please educate yourself before you make an ignorant comment and tag a post under ‘stupid’.
Raising the wages will make companies lay off many people. Not all of them will be able to pay more for the same work and the same revenue. Think about it.
The federal minimum wage has stood at $7.25 for 5 year yet labor continues to increase.
That amount, when adjusted for inflation, is actually lower than what a minimum-wage worker earned in 1968 (which was $10.58/hour) and is too meager to offer anyone the chance to climb out of poverty, let alone afford basic goods and services.
We have increased the minimum wage countless times in the pass, never has is increased unemployment.
CEO’s make 380 times the average worker’s salary. In 2011, the average CEO made $9.6 million. I think they can afford to pay their workers a few dollars extra per hour.