Making Sense of Opposition to Minimum Wage Increase – 1

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All Democrats (except 6) are for it; all Republicans are against it. What the hell is going on in Washington?

One would think that an increase in Minimum Wage debate would bring both parties together to forge a compromise in the spirit of helping the hourly wage earners, the less fortunate, to earn a little bit more. And it would be just that, a little bit more.

A $7.25 per hour, the current minimum wage, amounts to just $290 per week or simply $15,080 per year.

A $10.10 per hour, the proposed minimum wage, amounts to $404 per week or simply $21,008 per year.

By contrast, members of Congress, the same people who oppose a small increase in the minimum wage, have seen their salary increase year after year:

2001, they earned $145,100 per year (roughly $69 an hour, assuming 40 hours a week, 52 weeks a year).

2002, they earned $150,000 per year, roughly $72 an hour

2003, they earned $154,700 per year, roughly $74 an hour

Fast forward

2009-2012, they earned $174,000 per year, roughly $84 an hour

Why are Republicans opposed to minimum wage increase?

 

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