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Prune Juice Media | August 2, 2014

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Two Dems Propose Minimum Wage at $10.10 an Hour

| On 05, Mar 2013

federal minimum wage raise

(Photo by Mike Groll/AP)

I’m very much here for this proposal from two Democratic members of Congress.

Sen. Tom Harkin (D-IA) and Rep. George Miller (D-CA) are introducing a bill on Tuesday to increase the federal minimum wage to $10.10/hour. The current federal rate is $7.25/hour, though the figure varies higher or lower depending on the state.

Considering how divided Congress is and how anti-tax Republicans are, I highly doubt we will see bipartisan support behind the measure. The GOP immediately looks at wage increases as a cost-inhibitor for businesses despite the greater need for pay fairness in this country.

The main reason that I feel minimum wage should be raised is because it needs to keep pace with inflation. It’s one thing if no one from the CEO to the janitor gets a raise in a company. But, when CEO pay has skyrocketed over the past few decades and the minimum wage has stagnated, there is a problem. Prices have risen significantly over time and people need money to address this.

We live in a consumer-based economy. But, if people can’t spend money, then how can the system work? Americans need more money in their pockets to tackle a range of issues.

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ANSWER IN THE COMMENTS SECTION BELOW:

Do you think the minimum wage should be raised for low-income workers? If so, by how much?

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