February 29, 2012
The people of Connecticut are fighting to pass a bill that will increase the minimum wage for their state. The bill would take affect in the month of July raising the minimum wage up to 9 dollars an hour. Then it would increase the minimum wage again the following year to $9.75. The people say that the minimum wage is tied to the rising inflation problem and should continue to rise accordingly. If this bill is passed then the current nearly 106,000 people earning minimum wage would have there pay increased and about eighty percent of the people are over twenty years old. If this bill passed Conneticut would have one of the highest minimum wage rates in the country. There are two sides for this bill the people who want to see it passed and the people who want to see it fail.
-For:
-$8.25 an hour or around $17,000 a year for full-time employment — puts the state's low-wage workers below the poverty line.
- increasing the minimum wage would help put more money back into the economy, because the workers would have more spending cash.
-Margot Dorfman, chief executive officer of the U.S. Women's Chamber of Commerce, who testified at the hearing, said raising the minimum wage would help level the playing field for women-owned businesses. Dorfman said these businesses, as a whole, tend to pay employees above the minimum wage. She said requiring big-box stores to raise their minimum wage payments would help female-owned businesses compete.
Against:
-could discourage employers from hiring new workers, resulting in potential job losses.
-Andrew Markowski, the state's director of the National Federation of Independent Businesses, said raising the minimum wage would be devastating for small business owners under the current economic conditions. He said NFIB members in Connecticut would suffer under the increase as small businesses are still recovering from last year's tax increases and did not include the raise in their budgets....