On April 14, Gov. Mark Dayton announced that the state minimum wage will be increased to $9.50 an hour. Although people in the state of Minnesota do work hard and deserve fair pay, minimum wage is not the way to raise people out of poverty. I would like to warn the public of the issues that continued increases in minimum wage pose.
In February, The New York Times highlighted Dolores Riley from New Jersey. She owns a small day care center in the state and runs it as a small business. The state of New Jersey increased the minimum wage from $7.25 to $8.25 an hour earlier this year. For Dolores, this has the potential of being a huge problem.
Now that the minimum wage is set at $8.25, her payroll expenses have the potential of going up by $10,000 to $15,000 dollars per year. She fears this could mean the possible loss of her business. The hard-working citizens of Minnesota soon could become like Dolores.
The minimum wage poses a serious threat, including the potential loss of businesses and jobs.
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