Slate Magazine: Jay Porter: A Small Business Owner’s Care For Raising the Minimum Wage

Source:The New Democrat

There are several reasons why I’m in favor of raising the Federal minimum wage. Minimum wage workers are under paid for the work that they do and the services that they perform for their employers. Cashier handle most, if not all, of the money that their employer receives. They provide a necessary and essential service to their company. The company can’t stay in business without it.

Underpaying service workers reduces their ability to live a decent life. Taxpayers then have to assist these workers in meeting their costs of living. There is also a cost to the economy in decreased economic growth because of the purchasing power that these workers don’t have. Henry Ford realized this at the beginning of the 20th century.

Do I believe everyone is entitled to earn at least a middle class living simply for being alive? Of course not, I’m not a Socialist but I do believe that everyone is entitled to be paid the money that their work and services bring to the table. $7.25 an hour for workers who are critical to the success of a business is underpayment. The cost of that underpayment is passed to taxpayers as public assistance and lost economic growth.

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About Erik Schneider

I use the American Liberal photo as the cover photo for this blog, because that’s exactly what I am. And no, not in the stereotypical, sort of pop culture sense of what an American Liberal is supposed to be. But someone who represents what American liberalism, as well as European liberalism, and perhaps the liberalism of the rest of the world outside of the United States. Liberals are people who believe in defense of liberal democracy, as well as the preservation of liberal democracy. And of course we also believe in liberal democracy with all the individual rights, and other liberal values that come from liberal democracy, the liberal democratic form of government, like equal opportunity, equal rights, equal justice, property rights, individual freedom and freedom of choice for everybody, as well as limited but responsible government, and fiscal responsibility
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