Keeping the minimum wage down is a costly mistake:
The report estimates that state and federal governments spend more than $150 billion a year on four key anti-poverty programs used by working families: Medicaid, Temporary Assistance for Needy Families, food stamps and the earned-income tax credit, which is specifically aimed at working families.
“The low-wage business model practiced by many of the largest and most profitable employers in the country not only leaves many working families unable to afford the basics, but also imposes significant costs on the public as a whole,” Sarah Leberstein, a senior staff lawyer with the National Employment Law Project, testified recently before Connecticut lawmakers.
Something as simple as this shouldn't be difficult for people to grasp, but it is. Even some liberal friends & family of mine will argue vehemently against raising the minimum wage more than just a little bit, partly because they're prone to navel-gazing, but also because we (as a country) have been bombarded with Capitalist propaganda since early childhood. Hard work pays off, be smart with your money, plan for the future, yada yada yada. It's not necessarily wrong, but it blinds us to the realities of the global economy. I actually stumbled across this Berkeley study a few days ago, which only reinforced what I already knew: Employers have been sucking a lot more from the government teat than most people realize, by shifting their worker's pay to taxpayers. I even tried to 'splain it to some Conservatives on Facebook: