No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty.
Sentiment: NEGATIVE
Full-time workers earning the current federal minimum wage of $7.25 only earn about $14,500 a year in wages - below the poverty line for a family of two. That's unacceptable.
When we talk about the kind of folks whose lives will be made better by raising the minimum wage, we're not talking about a couple teenagers earning extra spending money to supplement their allowance. We're talking about providers and breadwinners. Working Americans with bills to pay and mouths to feed.
Most arguments for instituting or raising a minimum wage are based on fairness and redistribution. Even if workers are getting a competitive wage, many of us are deeply disturbed that some hard-working families still have very little.
At the current $5.15 an hour, the federal minimum wage has become a poverty wage. A full-time worker with one child lives below the official poverty line.
The rich do not want people who come from poor families to rise to the highest position in the country.
In the wealthiest nation on Earth, no one who works a full time job should have to live in poverty. That's a fundamental value proposition, an article of faith in our country that I know an overwhelming majority of Americans agree on.
In real terms, there is a greater disparity of earnings between the very rich and the very poor.
Most families rely on two incomes to make ends meet, and when a woman earns less, we put working families at a huge disadvantage.
Raising the minimum wage seems to all economists to, at the very least, fail to 'raise' employment, and we'd all like to see better inclusion of low-skilled workers into good-paying jobs.
The difference between our family and other poor families was that my mother actively chose to be poor. She was highly literate, and she had a college degree, but after my father left, she took the first secretarial job she could find and never looked for other employment again.
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