Why is this concept so hard for some people to understand? Everything Reich says in this succinct video is just common sense.
As Reich explains, raising the minimum wage:
- Puts more money in the pockets of American workers that they will spend, thus stimulating the economy and causing job growth and job security for others
- Will not cause companies to outsource more jobs to save money because minimum wage jobs are mostly in the service industry and can’t be outsourced
- Will not primarily help teenagers like some claim, because many older people with families are currently making minimum wage
- Is absolutely the right thing to do for people and America
Watch the video by Robert Reich and share with your friends!