Being consumers make jobs you should see the power broke people have!
In many red states there are many fighting wage growth.
Like Oklahoma with their tax revenue failure, noted from those tax cuts,
with most of the people needing those tax dollars to help pay the rent
bills etc. Many in Oklahoma repo their car to cut their bills.
They walk allover the place, making it.
It's just a whole lot of stupid from not paying enough, that will have to be
fixed sometime. Obama Care is a issue because you make $7 after taxes
showing how fast the Republicans are to jump on how it hurt so many people...
that make children wages, but fail to say that!
Wanting to Privatize Social Security with people making $7 after taxes
in the end retiring on $1 an hour retirement being they never made enough
money to put into it, they had rent, food, bills etc!
Much better is to raise the pay so they pay into it more!
Privatize schools making Public schools so unfunded the most of the
kids going there come out not ready for the ever changing world out there.
Impoverishing the labor force as the rich kids go to hire the majority of
poor, who will pass the background check? That will be fixed down the road
This goes on and on. Why not raise the pay so people would be
living as an American not without AC like a third world country.
Crime goes down as the people could just buy their food.
Make the town look better as they could buy wood and fix their place!
Well they have to raise the pay sometime why let the poor go into Mad Max
to make it? Can you see all the rich running out of town as the poor
would and should drive Mad Max like cars!
***But if the pay goes up, spend what you earn. You now have a pot to piss in so piss!
Help make life better for everyone!
~~~~~Raising the minimum wage will create jobs and help businesses succeedMany North Carolina workers are locked in low-wage jobs that don’t pay enough to make ends meet, even though they’re working full-time. Over the long-term, state lawmakers need to implement a comprehensive strategy that creates pathways out of this low-wage economy. But right now, they can provide an immediate boost to working families by increasing the minimum wage from the current level of $7.25 an hour. Raising the wage floor would put more money in the pockets of workers, increase sales for local businesses, and strengthen the state’s overall economic performance, without increasing unemployment, according to a new fact sheet released by the Justice Center yesterday.
Most importantly, raising the minimum wage benefits adult workers and their families, providing a critical antidote to the ongoing boom in low-wage jobs. Almost 6 out of every 10 new jobs created since the end of the recession are in industries that pay poverty-level wages. More than 80 percent of new jobs created since 2009 don’t pay enough to cover life’s necessities, including housing, healthcare, groceries, and gas costs. Raising the minimum wage would make the difference between destitution and self-sufficiency for thousands of workers on the bottom rung of the state’s labor market.
One critical effect of raising the minimum wage for these low-income workers is the boost to the entire economy that comes from putting more money in the pockets of large numbers of those workers most likely to spend it. For example, boosting the wage floor to $10 an hour would affect approximately 1 million workers in North Carolina. And because of the boom in low-wage work, the vast majority of those North Carolinians benefitting from the wage increase are no longer the part-time, teen-aged workers who once filled the bulk of entry-level jobs in past generations. Now, more than 85 percent of those benefitting from a minimum wage increase are workers older than 20 years of age, and more than half work full-time. A half-million children in the state would experience increased security thanks to their parents’ higher wages—a critical support given that North Carolina has the eighth highest percentage of children living in poverty in the nation.
As low-income workers spend their bigger paychecks, local businesses will benefit, growing the economy without hurting overall employment. Economists have repeatedly found that those states that increased their minimum wages have seen better economic performance, lower unemployment, and higher job creation rates than those states that didn’t raise their wages, controlling for regional economic trends. The evidence clearly and repeatedly contradicts critics who claim that increasing the minimum wage forces employers to offset greater payroll costs by reducing the number of employees.
In fact, raising the minimum wage creates more customers, more sales, and bigger profits. For example, recent studies have indicated that raising the minimum wage to $10 an hour would increase paychecks for North Carolina’s workers by $2 billion a year. That’s $2 billion in increased consumer spending at local businesses, boosting business sales, business profits, and creating more than 5,000 new jobs.
Additionally, raising the minimum wage helps small businesses reduce payroll costs by reducing employee absenteeism and turnover while simultaneously boosting productivity. Economists have long recognized that better-paid workers are more efficient, more effective, and more productive. Most importantly, increasing wages at the bottom rung reduces absenteeism and turnover—the two biggest drags on business productivity. Turnover requires managers’ time to review application, interview applicants, and provide on-the-job training and supervision for new workers once they are hired. And higher wages persuade workers to stay on the job longer, reducing the need for constant training of new employees.
These positive effects of a minimum wage increase outweigh the costs for local businesses and will not lead to layoffs. Taken together, the extra sales and stronger employee productivity more than outweigh the additional wage costs to businesses. And even where businesses do feel the need to reduce labor costs, 25 years’ worth of studies by labor economists have shown that businesses don’t respond by laying off workers, they respond by reducing workers’ hours—for example, a 10-percent increase in the minimum wage can reduce employee hours by about 1 or 2 percent. But low-wage workers still come out ahead—even after seeing their hours go down, they see a net increase in wages of 8 to 9 percent.
Given these overwhelming benefits, it’s no surprise that raising the minimum wage is so popular across the entire political spectrum. For example, during the 2014 elections, voters approved minimum wage increases everywhere they were on the ballot—from deep red states like Nebraska, South Dakota, Arkansas, and Alaska to blue cities like Oakland. Recent polling showed that 58 percent of North Carolinians support raising the minimum wage. More than half of self-identified conservative voters support local ordinances requiring that local businesses pay their employees a living wage.
Raising the minimum wage is good for workers, good for businesses, and good for the economy. It’s time to raise the minimum wage!