$22 minimum wage sounds like something the country could get used to. Elizabeth Warren recently questioned the current minimum wage rate, wondering why it was so low given the amount of years it has had to increase. Although there has been much debate about minimum wage and whether or not it should be higher, Warren had no problem stating her feelings on the matter. On March 18, Washington Post reported that Warren is for an increase and thinks that $10/hour is doable.
"During my Senate campaign, I [frequently] ate a Number 11 at McDonald’s. It cost $7.19. If we raised the minimum wage to $10.10 over three years, the price increase on that item would be to about $7.23. Are you telling me that’s unsustainable?" Warren asked.
A $22 minimum wage sounds a bit out of this world -- and maybe it is. However, Elizabeth Warren said that if things had progressed the way they should have since the beginning, minimum wage would be a lot higher than a proposed $10/hour -- something that Barack Obama would like to see happen over the next 2 years.
Elizabeth Warren made her case clear but a lot of people still disagree with her -- and the president. While they feel that $10/hour is a good thing for the workforce, others feel that business owners will be hurt by the increase. What do you think?
Will a minimum wage of $22 an hour ever become a reality in The States? It's possible.
© Effie Orfanides 2013