Minimum Wage Increase, A Great Idea!

Minimum wage as it is now is only 64% of the living wage, in the U.S. That is very low. That means that the majority of people would have to be paid at least $8.50 per hour to be making enough to keep them at the poverty level. It is very hard to understand why so many people are against an increase in minimum wage. People have a very difficult time surviving on minimum wage. This is why we have so many Americans on welfare. Everyone's tax dollars support those programs. The link that I supplied discusses these facts and also states that some businesses are for a minimum wage increase because of the positive things that it does for our society and the economy. Some businesses have tried paying at or above the living wage to see what the results would be. They found that there was a reduction in employee turnover and absenteeism, an increase in productivity and morale, and an increase in commitment to the company. This of course results in less spending on training and recruitment costs. Other benefits to our society from an increase in minimum wage would be an increase in payment of taxes and an increase in consumer spending. On a personal level people would be happier and feel better about themselves because they could support their families. The rate of inflation increases without minimum wage increasing. Americans need the pay increases to keep up with the rising costs of everything else.