The minimum wage goes up tomorrow, to $8.06 an hour.
The wage goes up every year by the consumer price index, or 5 percent, whichever is less. This year that'll be 5 percent.
Whenever this topic comes up, there are those who argue:
- Nobody pays the minimum wage anymore so it doesn't matter what the government sets the minimum wage at.
- On the flipside of that, every time you raise the minimum wage, you kill off a few jobs that employers can no longer afford.
- You can't live on minimum wage, so it should be even higher because everybody deserves a liveable wage.
- On the flipside of that, minimum wage jobs aren't meant to provide a full living. They're meant for teens to earn some bucks, others to supplement their income, so don't deny those people that money by pricing the jobs out of the market.
So I ask you: Are you or is anybody you know making minimum wage? Are they/you trying to make a living with it or a high-schooler trying to save up for a first car? Do you know employers cutting jobs to meet the new wage? Is Vermont doing the right thing by having the fifth highest minimum wage or are we over-extending? Is a 5percent raise at once too much or exactly the right thing in these economic times?
- Terri Hallenbeck