Issue 2

A few days ago, Ohio along with several other states decided to raise minium wage from $5.15 to $6.85 per hour. I was very pleased that Issue 2 was passed because raising the minimum wage would increase the buying power of low income people. It would also help increasing tax revenues and help the economy. Due to the $5.15 wage, people who earn minium wage could not afford items such as health care and gasoline. But with more money in their pockets, they are able to obtain personal needs. I think that increasing the wages is similar to promotions within a coporation. In Tucker chapter 9, the book described a promotion as "more learning" and "more development". With more money earned, minium wage wokers have a better chance to use their income in a better education (more learning) and better their personal life (more development).

Trackbacks

Trackback URL for this entry is: http://blog.case.edu/naizhou.zhang/mt-tb.cgi/11064

Comments

Post a comment





If you have entered an email address in the box, clicking this checkbox will subscribe your email address to this entry so that you are notified if any updates or additional comments occur on the entry.