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Democrats want to make the minimum wage $17 an hour and give nearly 28 million workers a raise (www.businessinsider.com)

submitted 1 year ago by [email protected] to c/[email protected]

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cross-posted from: https://infosec.pub/post/916523

Sen. Bernie Sanders is once again calling for a higher federal minimum wage. The current rate has been $7.25 since 2009.

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[–] [email protected] 2 points 1 year ago

Actually, I think the whole point of the minimum wage increase proposal is to reduce income disparity, not perpetuate it.

If all you did was increase everybody's income by $10 an hour, then you will still decrease income disparity, but not as much as if you simply raised the bottom end.

A lot of people at the upper end are going to receive income boosts that are not in line with your goals.

As someone who is middle income earner myself, we have instituted a $14 an hour minimum wage has increased costs of things like food and groceries. However, at the same time the people who are doing those jobs still have a right to live comfortable lives.

In addition, stores and restaurants were having a very difficult time finding anyone to fill empty positions at the lower wage levels since they paid very poorly prior to the minimum wage increase. Things are a little better now.