Daily Revolt

December 03, 2006

Raising the Minimum Wage is Good for the Economy and America

Why we need a raise in the minimum wage:
[Lou]DOBBS: Congress has raised its pay nine times since 1997. In that same period, the federal minimum wage hasn't risen one cent. And at $5.15 an hour, its real purchasing value has fallen to the lowest level in a half century.

The people support it:
There is overwhelming popular support for raising workers' pay. Pew Research Center found 83 percent in favor. A majority of states have already done so themselves. And Democrats are promising federal action quickly.

Its a myth that a raise in the minimum wage costs jobs:
ROMANS: But a growing number of economists have rejected the job killer theory. A study by the Fiscal Policy Institute found small businesses actually added jobs in states that raised the minimum wage.

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