Should the U.S. Raise Federal Minimum Wage?
Written by Your 5News Team
Last updated on January 05, 2013 @ 11:44PM
Created on January 05, 2013 @ 11:11PM
Ten states in America will raise their minimum wage this year, but the Mountain State isn't one of them. In Washington state, the increase will make minimum wage there $9.19. This now has people wondering if the federal minimum wage, which is at $7.25, should change.
5 News asked a lot of people about this, and many of them said do think that the federal minimum wage should go up. In 2008, then Senator Obama used the minimum wage as part of his campaign platform for president, saying that it should go up to $9.50 by 2011.
"There's so many people struggling right now with the economy. I read a survey where a lot of the younger people with college educations are out of work because they don't get into this with minimum wage being so low," said Meadowbrook Mall employee Nancy Hatfield.
But some people don't think that raising the minimum wage will change anything, because businesses will simply raise their prices and lay off employees to adjust.
"The more you increase these wages, but you don't increase current profit or earning potential through the company that's hiring the people, then how's that going to work?" Tray Ramsey told 5 News.
Right now, there's no legislation on the table to raise minimum wage in West Virginia or nationally, but some predict this could be an issue that comes up during President Obama's second term.
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