The back and forth banter centering on the debate on whether minimum wage should be increased hasn't showed signs of waning. If anything, the topic gains steam from one day to the next.
For those who are playing catch up, here's what we know: The current minimum wage is $7.25 per hour. The proposed rate federal rate would push that number up to $10.10 per hour, a significant raise but one that some feel is largely overdue.
That sector is arguing that cost of living isn't reflected in the current minimum wage hourly rate, thus making that incredibly tough to live on from one day to the next. The opposite end of the spectrum states that having to suddenly pay workers more money in one fell swoop could lead to businesses, small ones especially, struggling to make payroll.
Regardless of what side you stand on when it comes to minimum wage, you can't argue the point that some workers who make $7.25 per hour work hard enough to justify a pay increase. The first line of work that comes to mind centers on the service industry, particularly the waiters and waitresses, most of who make less than $7.25 per hour, not factoring in tips of course.
There's undoubtedly plenty of other jobs that fall into that category as well, but the one hanging point is what to do with the workers and employees that already made $10 or so per hour. How exactly do they figure into this plan or equation?
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