Raising the Minimum Wage

Turns out, it really is good for America. And a new study from University Of California at Berkeley proves it. Michael Reich and Rachael West have found that raising it to 10.10 an hour would lower spending on food stamps by 46 billion dollars over 10 years. In Michigan alone, 110,000 would no longer need it, and Michigan would save 205 million. Overall, there would be 3 to 4 million fewer people requiring food stamps. But don't tell the GOP, who are bound and determined to screw the poor by any means necessary, including food stamp cuts. Wonder what they would say to this. http://www.americanprogress.org/press/release/2014/03/06/85428/release-over-110000-people-in-michigan-will-no-longer-need-snap-as-a-result-of-raising-the-minimum-wage/

We should be having a minimum wage increase. But more than that, we need to index it to inflation, so that when prices rise, so do wages. So many claim that raising wages means job losses, and the CBO agree. However, it is important to note that it is not by two million workers, but only two million work hours. The number of unemployed? 500,000. That's only .3 percent of our current work force. In the meantime, one million people would be lifted out of poverty. The state of Washington has had the highest minimum wage for 16 years now, and they are seeing growth that is above the average, and unemployment below average. But that doesn't fit the conservative argument, and therefore they will ignore it the best they can.