The POTUS has said in his address that he is in favor of a raise of the hourly rate to $9, which is already creating an uproar in Republican circles as anything geared to build the middle class does. This increase is in keeping with the idea that the minimum rate should be tied to some indexing rate increase. NELP believes the rate should be at least $10.
The POTUS's views mirror those of past presidential rival Mitt Romney who said in Jan 2012..."My view has been to allow the minimum wage to rise with the CPI [Consumer Price Index] or with another index so that it adjusts automatically over time…."
NELP put out a press release that read in part..."The president said he was putting jobs and the economy front and center tonight – and that's exactly what he did by calling for a minimum wage increase,” said Christine L. Owens, executive director of the National Employment Law Project.
“President Obama's remarks tonight show he understands that a
higher minimum wage is key to getting the economy back on track for working people and the middle
class. The President's remarks also cement the growing consensus on the left and right that one of the
best ways to get the economy going again is to put money in the pockets of people who work, who will spend it at small businesses in their communities. A minimum wage increase will stimulate consumer demand and help drive economic growth for the people who most need it in America – workers."
A 2012 survey by independent source Lake Resource Partners, showed this result..."A proposal to raise the federal minimum wage garners striking support, in terms of both breadth and intensity. Nearly three-quarters of likely voters support increasing the minimum wage to $10 and indexing it to inflation (73% support, 20% oppose) in 2014, including a solid 58% majority who feels that way strongly.... Stratospheric and intense support among Democrats (91% support overall and 79% strong support, 5% oppose) and independents (74% support overall and 55% strong support, 18% oppose) is complemented by robust support from Republicans (50% support, 41% oppose) as
There is a record number of nearly 1000 CEO's and business heads who have signed a statement supporting the raising of the minimum wage, this includes noteworthy names and companies as ...
- Jim Sinegal, CEO, Costco
- Margot Dorfman, CEO, US Women's Chamber of Commerce
- Paulette Cole, CEO, ABC Home
- Mark Heaney, CEO, Addus HealthCare
- Lya Sorano, founder, Atlanta Women in Business
- Scott Hauge, president, Small Business California...