Fresh off the recent 2015 Grammy Awards “equality” and “research” summit between Democrat members of Congress and music industry leaders and musicians, Florida Congressman Alcee Hastings is asking for an even higher minimum wage hike than the $10.10/hr he has been the last several years.
The current minimum wage in the U.S. is $7.25, but that is not enough for Hastings, who wants to see a 55% increase to $12.50.Like we have seen with Obamacare, where businesses are cutting back employee hours so they can escape having to pay the small business health insurance mandate, an increase of this magnitude would surely force businesss to either raise retail prices, but back on employee hours, and reduce hirings.
Heck, why not make it mandatory for all business to have to pay for their employees living expenses and bus fare?
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Here is what Hastings posts on his website just in October 2014:
Raising the national minimum wage to $10.10 would return it to close to its 1960s inflation-adjusted value and permit millions of additional workers to independently support their families. For these reasons, I am proud to support the Fair Minimum Wage Act of 2013, which would do just that over the next three years.
“An increase from $7.25 to $10.10 per hour will bolster our economy by creating an additional 85,000 jobs and generating a total of $35 billion in increased compensation for working families and approximately $22 billion in increased economic activity for business. Congress must pass this legislation without any further delay and give millions of American workers a raise they rightly deserve.”
