Wednesday, October 9, 2013

$15/hour Minimum Wage

http://www.usatoday.com/story/news/nation/2013/10/09/seattle-mayor-would-support-minimum-wage-above-15/2955019/

Seattle's Mayor Mike McGinn says that the minimum wage should be increased to $15 per hour. Now as a teenager about to have to pay for college this sounds INCREDIBLE. And apparently so does a lot of Seattle citizens, who are very hyped about the idea of this increase. In fact, Seattle already has the highest minimum wage at $9.19 per hour, about $2 more than the federal minimum wage.

Many businesses in Seattle haven't shown much concern about it besides the fact that it may affect small businesses. The president and CEO of Seattle Metropolitan Chamber of Commerce said her organization shares a broader concern about the income gap and wants to make sure that people aren't left behind.

McGinn understands that this is a long a process and in the end would benefit the people the most. Nick Licata, a member of the city council, said he doesn't expect the issue to move quickly. They have other issues to address.

I think this is fantastic. There are going to positives and negatives if it were to happen, but where I am today, this is great.

1 comment:

  1. This is a beautiful example of people still valuing patriotism and looking after the common man. So often we hear about money-bag businessmen who have more money than they know what to do with it. This act should improve the economy tremendously! It does not sound like something that will take off quickly though because Seattle congress is probably filled with wealthy politicians who think that minimum wage is fine where it is.

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