$10.55, it’s what minimum wage would be if it had kept up with inflation over the past 40 years. The current federal minimum wage is $7.25. Three dollars more an hour would make a huge difference to a person who is struggling to raise a family, pay their bills and survive in this stagnant economy. Raising the minimum wage would put more money in millions of Americans pockets, increasing consumer spending in our communities thereby helping to grow our economy.
Congress has only raised the minimum wage 3 times in the last 30 years. At $7.25, the full-time minimum wage employee earns just $15,080 a year. InFloridaa minimum wage worker would have to work 97 hours a week just to pay for a two-bedroom home. That’s unacceptable! The cycle of poverty will just continue if something is not done.
Our politicians need to act! Instead of working for tax breaks and loopholes for the 1%, they should be fighting for the survival of the working people. The income inequality facing Americans today is staggering. Raising the minimum wage won’t solve all our problems, but it will certainly help improve our situation.
On Tuesday, July 24th at Bayfront Park, we’ll join together to demand that Congress act to raise the minimum wage. It needs to be at least $10.00! Sign the petition here and contact your local elected official today. Tell them you want to see the minimum wage raised not only because it’s the right thing to do for our families, but it’s the right thing to do for our economy.