low-wage workers." A 2015 report by the research institute Integrity Florida stated, “[A] higher wage may make it easier to attract applicants and results in less turnover of workers, lowering costs of employers.” And research by the Fiscal Policy Institute showed that states that raised their minimum wages above the federal level experienced better employment and small business trends.
All of these findings raise the question of why action on this issue has been so slow. In an economic and political environment that tilts disproportionately towards large, non-local businesses, politicians are emboldened to disregard public opinion in favor of the inclinations of a distinct few. So as convention season draws to a close and the political rhetoric hits a fever pitch, demand any candidate vying for your vote get serious on reducing poverty, addressing income inequality, and growing the middle class. And this starts with raising the minimum wage.
SAleem Chapman
Policy & Advocacy Manager
The Good Economist 3
Did you know SBN has a Sustainable Economy Committee?
This committee seeks to develop policies and programs that advance the local economy.
For more info, contact Saleem Chapman.