Business Inequality in America: Raising The Minimum Wage

President Obama of Washington, DC cried in Congress to raise the federal minimum wage. This is a major assertion that the Allied Powers resolve US business inequality. The current $ 7.25 actual payment operation pointed to nearly 20% lower than 25 years ago, and Congress encouraged proposing a bill to control the national interest rate to $ 10.10. We must also complement it to protect our economic advantage, the dignity of our work, and our efforts to benefit all citizens.

Whenever a city or state discusses raising a minimum wage, both corporate and conservative legislators take a series of three threats. They believe that higher minimum wages will hinder employment opportunities. They insist that wages suffer companies. They insist that prices will soar. (Here is an EPI survey before raising wages in Seattle, most companies predict all three.) This is the 3 major discussions on wage hikes and the Seattle Minimum Wage Research Group is all three I clearly disputed. threat

When Seattle began moving to a minimum wage of $ 15, the city hired a team of economists at the University of Washington and analyzed the impact of wages on the city. Since then, the findings of Seattle's Minimum Wage Research Group are highly favorable. In 2016 they discovered that Seattle 's wage increased, city' s employment of low employment increased, and time worked. They reported earlier this year that the impact of wage increases on restaurant employment was almost zero. This week, the Seattle minimum wage research group's final survey, the Seattle minimum wage research group announced a report that the prices of restaurants and grocery stores did not rise due to the minimum wage.

If you want to raise your American wage, let's start with raising wages in the United States. This is not a brain surgery operation! We will raise the minimum wage at the national level and stop fighting the regional efforts to raise the wage to the correct level. Furthermore, raising the overtime allowance is equivalent to raising the minimum wage of the middle class by 15 dollars, and the Trump regime should immediately implement overtime reform in the Obama era that has been fighting. Money will flow through the economy soonerly and will increase employment instead of corporate tax cuts.