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Should the US raise the minimum wage to $9.00?

In 1962 the minimum wage was $1.25, gas was about 33 cents, a new midsized car $2,500, and you could buy a decent home for $25,000. Some other items such as electronics have gone down in price but others such as cell phones didn't even exist.

According to US inflation statistics the minimum wage should be $9.50 adjusted from the 1962 figure.

It is difficult to live on the minimum wage and saving impossible. You live pay check to pay check and some bills are paid late. You would jump at the chance to increase your wage with no loyalty to your current employer.

The problem with raising the minimum wage is that, just like everything else they do in Washington, it is long overdue. So expect huge complaints from some employers and right wing economists.

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Since minimum wage has not been pegged to inflation it currently means people are making about 25 cents an hour more than they did in '70s
As for assertions that the minimum wage needs to go away because its government interference, please look up strikebreakers, child labor, company stores, etc

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I think so. People who work hard should get payed more. This could help our economy

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I don't know if it will help,everything today is out of line and it's just a circle that we go around with. I mean they raise the wage so everything else gets raised accordingly. What would be helpful until we all could catch up is a price "freeze" on goods and services.

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Everything does keep going up except the minimum wage. Congress and the President have to pass minimum wage increases and that's the problem. That's why the minimum wage keeps falling behind the inflation curve and the gap just keeps getting wider.
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dustee

Yes... America has a lot of money..If the $54 millon was used for jobs and not the highway that went no were...I just saw it on TV... Mom and pop stop would be...fine most are 10 stores run by themselves in Within a mile area...and small business would be ok...Raise it...

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The problem with raising the minimum wage is the small businesses who are barely making it in a struggling economy is going to feel it the most. And in all honesty the increase is past on to the consumer raising the cost of living again, those making minimum still won't be any better off. It is just a bait and switch.

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When the minimum wage is increased, so does the price of everything you buy as shown in your own question. It is a no win situation. Obama is pushing for this because when the min wage is increased, union wages go up too. It is pay back to the unions for helping him get elected.
It is not the job of the government to tell employers what to pay their employees. Free market capitalism can do this just fine on it's own. If an employer pays too little, no one will want to work for them. They will have to raise wages if they want to survive.
Along with this problem, without low paying starter jobs, young people will have no where to gain marketable skills because no employer will pay a kid just learning job skills, a wage that could support themselves instead of just enough spending money for on the job training.
Last but not least, no one is forcing anyone to work at a low paying job. If it is the only work you can find, then you need to get a better education, work 2 or 3 jobs if necessary and start depending on yourself to better your own life.
To depend on government to take care of you, always remember there is free cheese in a mouse trap.

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How much more would something that costs $59.99 be?
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@bigred50:Wall1 pointed out the same problem we have today,even back then a lot of things were out of reach to many people either by not making enough money or not knowing how to save wisely.
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JeffSilence

It depends a lot on the cost of living in your area. For example, living in rural Iowa is a whole lot cheaper than say Manhattan or Los Angeles. In my opinion, minimum wage needs to be at least $12.00/hr.

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Yes, but prepare for the disappearance of the McDollar menu.

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Yes.

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You are asking for an opinion. President Obama may or may not do that, it is up to him, not you or I, and there are always more than one 'side' to an opinion. Opinions fall into the catagory of social questions, and I actually thought "Ask. com" was in the business of answering questions, not supplying opinions.

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It's up to Congress, Obama wants it, so why not provide our opinions.

Ask . com provides answers but a lot of ASK Community questions are looking for opinions..
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Minimum wage protects workers rights particularly the right to fair pay for fair work. In China and other places where our beloved job creators have chosen to create all the jobs they destroyed in the States; the majority of people live at or below poverty level conditions. Because the minimum wage has not been keeping up with the cost of inflation, people now make less money than they did before. In the 1950's if a person had to dig 3 ditches to buy a steak dinner they now have to dig 7 ditches to buy that same steak dinner. A person working full time at minimum wage is below the poverty line. The minimum wage is designed to provide at least minimum standards of pay for the majority of Americans who in spite of Republican lies are in fact hardworking and industrious. They don't want a free handout. They want a fair deal. That's something the job creators find offensive. Hand outs to them are for the the rich only, and fair deals are for suckers in their twisted and sociopathic book of measure.

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