Because you need to know, the Democrats are planning on voting for a minimum wage increase today (Wed.) for the first time in 10 years to raise the wage up to $7.25 per hour. Economist say that will jack the pay up for some 13 million workers.
According to The New York Times, the chances are not so certain in the Senate because of the Republicans desire to add a piece granting some more tax cuts to small business owners. Republicans say that they will filibuster the bill without the tax cut measure added to it.
The $5.15 to $7.25 increase will take place in 3 steps between now and 2009.
I have always been one to support the minimum wage increases every time that they have come up but I have problems with the way that they are rolled out in stages over a period of two or three years.
Why do we not bring the increases out in a much shorter time span? You all know that by 2009 $7.25 an hour will not be all that helpful to those earning it. Raise it up all at once! How about by mid-year? Even $7.25 an hour is not going to do all that much for the worker if they have a family to support.
At one time in my life I was working for $10 an hour with no bills other the rent,electricity,and such and I still had a tough time making ends meet. Forget about putting anything away for emergencies or retirement!
Let the corporations moan and groan about the increase. Most are making more than enough to cover a real living wage and still make a damned good profit. If they were not, they would not be in business still!