The Senate has rejected a measure that would increase the minimum wage to $7.25 a hour. This certainly was an election year measure from the Democrats hoping to gain control of chambers this Fall. Senator Kennedy said if the Democrats take control of the Senate raising the minimum wage will become one of the first pieces of legislation considered. I certainly do believe that minimum wage is way too low; it is at its lowest point in fifty years (adjusted for inflation). I'm not sure if we should go all the way to $7, but it does need to go up. Although, I am sure some will lose their job because of an increase, but it is needed. (story here)
filed under: business, politics
No comments:
Post a Comment