{"id":752,"date":"2006-05-12T12:06:52","date_gmt":"2006-05-12T17:06:52","guid":{"rendered":"http:\/\/www.allyngibson.net\/?p=752"},"modified":"2006-05-12T12:06:52","modified_gmt":"2006-05-12T17:06:52","slug":"on-the-minimum-wage","status":"publish","type":"post","link":"http:\/\/www.allyngibson.com\/?p=752","title":{"rendered":"On the Minimum Wage"},"content":{"rendered":"<p>Senator Hillary Clinton of New York introduced a bill last week, the <a href=\"http:\/\/thomas.loc.gov\/cgi-bin\/query\/z?c109:S.2725:\">Standing with Minimum Wage Workers Act of 2006<\/a>, that would provide for an increase in the federal minimum wage, from its current $5.15 an hour to $7.25 an hour within two years and then index future minimum wage increases to Congressional pay raises.<\/p>\n<p>The minimum wage hasn&#8217;t been increased nationwide in a decade, and inflation over that span has reduced the impact of the minimum wage dramatically.  A number of states have enacted their own higher minimum wage statutes, and the governor of North Carolina recently called for a statewide increase in the minimum wage.<\/p>\n<p>My representatives, state and national, may think me a bit of a crank, but I&#8217;ve written to them all, asking for their support, possibly even co-sponsorship, of either Governor Easley&#8217;s or Senator Clinton&#8217;s initiatives to increase the minimum wage.  Studies have debunked the traditional arguments against raising the minimum wage&#8211;that businesses will lay off employees, if not shutter completely; and that a higher wage will depress the economy as businesses have to increase prices to pay for higher labor costs.  On the contrary, a higher minimum wage would benefit the economy as more workers would now have more dollars to pump back into the economy.  Think of a minimum wage increase as &#8220;Trickle-Up Economics.&#8221;<\/p>\n<p>Raising the minimum wage.  It&#8217;s the right thing to do.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senator Hillary Clinton of New York introduced a bill last week, the Standing with Minimum Wage Workers Act of 2006, that would provide for an increase in the federal minimum wage, from its current $5.15 an hour to $7.25 an hour within two years and then index future minimum wage increases to Congressional pay raises.<a class=\"more-link\" href=\"http:\/\/www.allyngibson.com\/?p=752\">Continue reading <span class=\"screen-reader-text\">&#8220;On the Minimum Wage&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119],"tags":[258,974,4108],"class_list":["post-752","post","type-post","status-publish","format-standard","hentry","category-politics","tag-hillary-clinton","tag-minimum-wage","tag-politics","entry"],"_links":{"self":[{"href":"http:\/\/www.allyngibson.com\/index.php?rest_route=\/wp\/v2\/posts\/752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.allyngibson.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.allyngibson.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.allyngibson.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.allyngibson.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=752"}],"version-history":[{"count":0,"href":"http:\/\/www.allyngibson.com\/index.php?rest_route=\/wp\/v2\/posts\/752\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.allyngibson.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.allyngibson.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=752"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.allyngibson.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}