Most Americans Favor Raising Minimum Wage

USA EconomyMy Comments: By now you probably know there is a movement afoot to raise the minimum wage and that President Obama allowed as how he was going to include this idea for all contracts awarded by the Federal Government going forward.

By now you also know that I’m no longer a young man, having read newspapers and toiled in the trenches for a little over 50 years. During this span, there have been sixteen additions to the minimum wage. SEE THIS CHART.

Each time it happened there was much gnashing of teeth and moaning about the coming end of the world. Only it didn’t, and those of us who lived through all of them have largely thrived, had families, watched our assets grow and occassionally crash.

I have three words for the clowns in Congress: “Make It Happen!”

By Allen Greenberg

President Obama will no doubt face resistance in his call for raising the minimum wage at his State of the Union on Tuesday, but public opinion shows most Americans are in favor of it.

According to a recent Pew Research Center-USA Today survey, 73 percent of the public favors raising the federal minimum wage from $7.25 an hour to $10.10 an hour.

Also, 63 percent back a one-year extension of unemployment benefits for those who’ve been out of work a long time. Both issues receive nearly unanimous support from Democrats and are favored by wide margins among independents, though they divide the GOP.

The survey, conducted Jan. 15-19 among 1,504 adults, found that 65 percent believe the gap between the rich and everyone else has increased in the last 10 years. This view is shared by majorities across nearly all groups in the public, including 68 percent of Democrats and 61 percent of Republicans.

On the other hand, when Pew in a separate poll asked which issues should be a “top priority” for the president and Congress, the share of respondents who chose helping the poor and needy fell by 8 percentage points from a year ago. That’s the second-greatest decrease among the 20 issues presented.

The only issue to experience a greater drop in public concern over the past year was reducing the budget deficit.

The share of respondents who put helping the poor and needy among the federal government’s top priorities is now below 50 percent for the first time since 2003.

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