States Vote For Minimum Wage Hike, But Is It Enough? - ForbesIf there was upsets and contention in much of midterm voting, there was one topic on which the electorate was largely united: raising the minimum wage. Alaska, Arkansas, Nebraska, and South Dakota all had ballot measures on raising state minimum wages above both their current levels and the federal $7.25 an hour figure.
All four states passed the measures, most by significant margins. More than two-thirds of voters in Alaska agreed to raise minimum wage to $9.75 by 2016. Sixty-five percent of Arkansas voters set the state on course to adopt an $8.50 figure by 2017. In Nebraska, 59 percent said the number should be $9 an hour by 2016. Only South Dakota stood out with a slimmer margin; 53 percent voted to raise minimum wage to $8.50 an hour next year. In Alaska and South Dakota, minimum wage is now pegged to inflation, meaning that it will rise as the cost of living does.
If you really want a nice Christmas, hope for positive construction growth this month (planning and permits). It breeds big time money into the economy. Good weather can help us out a lot this month.
"We ain't a sharp species. We kill each other over arguments about what happens when you die, then fail to see the ******* irony in that." - Justin Halpern
How does creating more lower wage jobs boost demand, not that demand is a problem anyway.With wage growth so low there is little hope that demand will pick up. I think it is time for a Federal minimum wage hike and so do voters.
States Vote For Minimum Wage Hike, But Is It Enough? - Forbes
Because it's not that simple, and anyone who attempts to make as such (similar to ignanmum minimum wage solution) really doesn't understand the gravity of the situation.If you can't name names and spell out what should be done, you really are not saying anything at all.