Probably slightly on the side of not enough, however; the transition to that or higher could be just as damaging to the poor and unlike Opebo, I am not out for revenge or something of that sort especially when it comes at the expense of the very people it aims to help.
I probably lean towards supporting the proposal then.
There's no evidence that a higher minimum wage causes unemployment.
I don't recall saying it did. But I am sure if you jack them up high enough, quickly enough, common sense alone would say that employment would be impacted. Of course I doubt that such a scenario has been tested. I for one, don't want to find out by actually trying it. Which is why I support the proposal.
A proposal in the MN legislature would raise the minimum wage in the state from $6.15, below the federal minimum, to $9.50/hour.
The local Chamber of Commerce president sent a survey to area businesses asking whether such a rise would impact them. 3/4 of businesses said it would not. Half of business owners said it would impact the community positively.
It's time to raise the minimum wage. During the 1960s, the minimum wage was increased numerous times... and the '60s were a decade of prosperity and robust economic growth with low inflation.
When you put more money into the hands of poor workers, it better ables us to take care of those who might lose their job or see their hours reduced as a result in the rise.
You mean the state level statute, correct? For some reason I doubt that Minnesota would have a exemption from the federal rate, even if such were possible. Call it a hunch.
And yet it is time. Had it been risen more aggressively in the 2000's, perhaps some things would have been different and we might be at $9.00 by now.
Yes. $6.15 is the state minimum wage. Only businesses wholly contained within the state are allowed to pay that rate... along with tipped employees, since the federal wage is so low for tipped employees and MN doesn't allow any wage under the state minimum.
This graph is interesting. If we tied the minimum wage to productivity, we'd be much better off today.
Instead, the right thinks it's alright to pay people less money to do more work. That a falling standard of living is a-okay as long as profits are high!