https://padlet.com/cecooper19/yton97e1fkdx en-us 2017-04-13 02:58:32 UTC 2017-04-13 03:03:48 UTC hello@padlet.com cecooper19 https://padlet.com/cecooper19/yton97e1fkdx/wish/166191818 "In addition to the 1.3 million  working at minimum wage, there are another 1.7 million working below minimum wage (tipped employees) and an additional 21 million employees who are working just above the minimum, but below $10 an hour. They would also be affected, because their pay is pegged to the minimum wage. So an increase in the minimum wage would affect a third of the labor force being paid an hourly basis.]]> 2017-04-13 03:00:10 UTC https://padlet.com/cecooper19/yton97e1fkdx/wish/166191818 cecooper19 https://padlet.com/cecooper19/yton97e1fkdx/wish/166191837 "One of the reasons that increases in the minimum wage would not have an impact on unemployment is that in today’s economy an increase in minimum wage would come mostly out of profits. And there is plenty of that to go around."]]> 2017-04-13 03:00:33 UTC https://padlet.com/cecooper19/yton97e1fkdx/wish/166191837 cecooper19 https://padlet.com/cecooper19/yton97e1fkdx/wish/166191861 "In fact, most of the people who work for under $10 an hour are working as cashiers at grocery and department stores (1.4 million), retail salespeople (1.1 million), cooks (1 million) and janitors, cleaners, waiters or waitresses (1.5 million) — none of whom work in the export sector. Raising their minimum wage would not hurt our exports at all. Their wages have nothing to do with competing with the rest of the world."]]> 2017-04-13 03:00:47 UTC https://padlet.com/cecooper19/yton97e1fkdx/wish/166191861 cecooper19 https://padlet.com/cecooper19/yton97e1fkdx/wish/166191880 "Moreover, the minimum wage in the U.S. is well below that of other advanced countries. The economist estimates that the minimum wage should be about $12 an hour in the U.S based on our GDP. "]]> 2017-04-13 03:01:06 UTC https://padlet.com/cecooper19/yton97e1fkdx/wish/166191880 cecooper19 https://padlet.com/cecooper19/yton97e1fkdx/wish/166191894 "Even if one can work full-time, after state and federal taxes and Social Security and Medicare deductions, one is lucky to retain $225 a week or $12,000 a year, which is precisely the threshold of poverty for a single person."

]]> 2017-04-13 03:01:22 UTC https://padlet.com/cecooper19/yton97e1fkdx/wish/166191894 cecooper19 https://padlet.com/cecooper19/yton97e1fkdx/wish/166191994 http://www.pbs.org/newshour/making-sense/why-raising-the-minimum-wage-is-good-economics/

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