With the Presidential campaign being underway, the contest over minimum wages with Hillary Clinton and Bernie Sanders continues. While they both want higher minimum wages for American workers, they have different dollar amounts for what number they want it to be, with Hillary at 12 and Bernie at 15. With how high each of these candidates want to make the minimum wage, this could be an issue for the American economy as this increase in wages will make jobs have to require more from their workers, leading into unemployment for more U.S. citizens. I am not sure that this is the correct way to go in the long run as Hillary seems to be doing t his just to gain approval from voters and to match up against Sanders. This is seen as she says she will increase minimum wages if New York's bill passes from the Congress, with Bernie Sander's ad questioning her actions about this as well. While more money for the working population is good, it isn't beneficial if this causes a large amount of the populace to be unable to benefit from it if they can't work due to work requirements increasing with the wages. Hopefully in this presidential campaign Hillary and Sander's stances on the minimum wage will differentiate in time as having both candidates trying to one up each other for the same thing will just make it end up hurting the working class rather than helping them.
Article Link:
http://www.wsj.com/articles/sanders-clinton-spar-over-minimum-wage-increases-1460910281
They both suck anyway ;)
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