If the price of a burger goes up 5 cents, and the minimum wage that you have received is going up from $7.25 to $15 an hour - and there have been a number of studies that document just how much the price of a burger might go up if you increase the minimum wage. You match the costs, and the benefits far outweigh the costs.
There's no question raising the minimum wage excessively causes a loss of jobs.
I do not support raising the minimum wage, and the reason is as follows. When the minimum wage is raised, workers are priced out of the market. That is the economic reality that seems, at least so far, to be missing from this discussion.
I don't see the minimum wage as a fight between capital and labor, between persistent small businesses and diligent employees. I think offering New Mexicans a pathway out of poverty helps all of us, no matter which side of the check you sign.
I've been very outspoken that the minimum wage needs to rise.
We should raise the minimum wage so that no one who works full time has to live in poverty
Increasing the minimum wagewill put billions annually into the Social Security trust fund.
I think we should increase the minimum wage and I think $15 is a good beginning.
This is the debate we have every time we talk about the minimum wage, that if we raise it even 50 cents, that it means employers are just going to shut down. It's not true.
The way China is looking to boost consumer spending is astounding. They are going to boost the minimum wage by 13 percent a year every year for five years... I don't know if people realize how dramatic that is.
By raising the minimum wage in California, 700,000 people are going to lose their jobs. There are a lot of opportunities for companies to prosper in Florida and compete here, and that's what I'm going after.
We have a lot of evidence on what happens when you raise the minimum wage. And the evidence is overwhelmingly positive: Hiking the minimum wage has little or no adverse effect on employment while significantly increasing workers' earnings.
Even if we raised the minimum wage to $15 an hour, it's still hard to prosper on that wage.
I have no issue with raising minimum wage, but then the customer can't say to us, 'Why are you raising your prices?'
Our minimum wage is too low. So we need to raise it.
The national minimum wage has not been increased in 9 years. By year's end, 21 States across America will have a minimum wage exceeding the Federal minimum wage.
One man's wage increase is another man's price increase.
Increasing minimum wage doesn't build a stronger economy.
Let's also, my friends, let's raise the minimum wage and support the 5 for 15 so you don't live in poverty.
Mr. Speaker, the time for an increase in the minimum wage has not just arrived; it is long overdue.
If you go from $7 to $15 in a very short period of time, potentially that could have a negative effect on some economies because that is a very big jump. And you're saying to businesses that employ a large number of minimum wage workers, your payroll is basically going to double. That could have a negative impact. It would have to be studied.
We have to raise the minimum wage.
For Members of Congress, we are saying here on the Democratic side of the aisle we are not going to vote for another pay increase for Members of Congress until the American people get an increase.
People against the minimum wage say that many workers will lose their jobs. I haven’t ever met a minimum wage worker who didn’t say “Go for it!”
Mike Pence, when he was in Congress, voted against raising the minimum wage above $5.15. And he has been a one-man bulwark against minimum wage increases in Indiana.
