Council to Vote on Minimum Wage Increase?
Posted by ryan on November 30, 2007
It looks like the folks that launched the Greensboro Minimum Wage Campaign have reached their goal and want the City Council to increase the minimum wage in Greensboro.
“We are pleased to announce that our Committee has successfully completed the campaign to obtain the required 5,000+ signatures of registered voters. These voters want the Greensboro City Council to increase the minimum wage in Greensboro to $9.36 per hour. We will deliver our petition signatures to the Board of Elections at 12:30 PM, November 30, 2007. The campaign to gain approval of our initiative will began immediately thereafter on the front steps of the old courthouse.”
They continue, “The Federal Government’s own research shows that the minimum wage would need to be $9.58 per/hr to equal its purchasing power in 1968. Business can afford to pay its workers at least as much as they were paid 38 years ago.”
Some questions to consider. Has the cost of running a business also not increased due to inflation? How many jobs would be lost due to overhead increasing at a much more rapid rate than sales? If the minimum wage does increase are you willing to pay $6 or $7 for something that you used to pay $5 for?
Read more from the campaign here.
Posted in City Council, Minimum Wage | 1 Comment »