-- 86% of employees that will benefit from the hike either live with their parents, are part of a dual earning household, or don’t have a family to support...
This does not take into account that:
- A student living at home, and trying to finance a college degree is facing huge increases in tuition, books and transportation expenses during the last ten years.
- A dual earning household of low wage earners is still struggling just to put food on the table, a roof over the head and other basic expenses which increase each year.
- Single people who earn the minimum wage cannot support themselves on $206 per week.
If the conservatives are against a living wage, they should give back their own gains in salary and perks from the last ten years, and it should go to homeless shelters to help the dispossessed.
The Forbes list of the 400 richest people in the U.S. was released recently. " This year, for the first time, everyone on The Forbes 400 has at least $1 billion. The collective net worth of the nation’s wealthiest climbed $120 billion, to $1.25 trillion." From the MSNBC report:
THE TOP 10
1. William Henry Gates III: $53 billion
The Walton family alone are sitting on a pot of gold totaling more than $60 billion dollars, while they systematically dismantle the fabric of the small business community in every town where they are allowed to do business. They thwart their employees attempts to unionize and pay them low wages and benefits. Wal-Mart is now the largest employer in the state of Missouri. Most of their employees make more than the minimum wage, but many do not have full-time positions and do not have benefits.
We are creating a caste system of workers who must take jobs with low wages and no benefits. This caste system is being fueled by the millions of economic refugees flooding across our southern borders who are willing to work for a low wage, with no shortage of businesses willing to hire them to improve their bottom line. Our manufacturing jobs have been sent to China, and now we buy low wage goods produced by people who make 10-30 cents per hour and labor 12-14 hours a day as virtual slaves.
We need to raise the minimum wage now, and restore the esteem for the working class. A system where the rich get richer while standing on the backs of the poor should not be tolerated.