There has been much talk for the last two years in many parts of the country over whether the minimum wage should be increased. On one hand, people believe that what those who earn minimum wage are being paid is not adequate enough to survive on, without public assistance. On the other hand, there are people who believe that raising the minimum wage ultimately hurts businesses, who then cut workers, who then have to go on a public assistance anyway. In the United States current economic climate, it may seem like being caught between a rock and a hard place.
The reality is a lot of Americans on the minimum wage cannot afford to survive, especially in more densely populated cities. That someone can go to work for over forty hours a week and still not be able to meet their needs without government intervention should be a cause for concern, from all possible perspectives. In a historic move, the Los Angeles mayor signed a law yesterday that took minimum wage in the Los Angeles area from $9 to $15 an hour by 2020, after the city council approved the bill last month. Additionally, the council also included that wages should go up according to the Consumer Price Index, until 2022. It will be interesting to see how other big cities around the country respond to this change.