This could be good news for the low-wage earners! More and more US states are pushing for the $15 minimum wage increase in order to curb the ongoing financial crisis, where the hardest hit is the average American Middle Class. The recession has not yet ended folks mind you, it has been going on since 2008 and according to President Obama (as per his financial advisers) we will start to see an uptick in the economic drivers by 2017 – 2019. Thankfully, it seems that their prediction was correct somewhat as trade deals locally and abroad are bouncing back to a healthy level as it was before 2008.
This means that the average American can finally enjoy a much higher minimum hourly wage for a decent job that they can get.
States that currently have passed legislation about the $15 wage hike minimum
There are 14 states in America are proposing a $15 wage hike minimum for the average working class and 1 proposal that’s on the federal level. Last year there were 21 states that have increased their minimum hourly wage to $15 and these include Alaska, Colorado, Connecticut, Maryland, Hawaii, New York and even in the District of Columbia. That’s a victory for the ordinary people who cast their votes in the ballot boxes hoping to make a difference, because they did. We are also hoping that these other states below will be successful in their plight.
• Federal: Proposal for a $15 by 2020
• New York: $15 by 2018 (for New York City) or 2021 (for New York state)
• California: $15
• Washington, D.C.: $15 by 2020
• Massachusetts $15 by 2018
• Oregon: $15 by 2019
• Missouri: $15 by 2023
• Olympia, Washington: $15
• Sacramento, California: $15 by 2020
• Pasadena, California: $15
• Palo Alto, California: $15 by 2018
• Sunnyvale, California: $15 by 2018
• Berkeley, California: $15 by 2018
• Long Beach, California: $16
• Davis, California: $15
More income and more savings
According to international non-profit news organization Russia Today (RT), the average American has less than $1,000 in their savings accounts. Source: US Citizen’s Savings Non-Existent – RT
You know it’s bad when a semi-state run media of the Russian Federation (a country who’s not in good terms with us right now) have to tell it to our faces that most of us are broke. My biggest issue with this Op-Ed is that it’s true! I just hope that the next US President will look more into the people’s needs to get by this economic downturn which has been crushing us like a Juggernaut and approve of all US states to have a $15 minimum wage increase. So that the next news report we’ll read about on foreign press (which surprisingly do not sound like our mainstream media) will be “Americans are enjoying the America Dream once again!”
If these 15 states gets their legislation approved, then at least that’s going to be half of America having a decent pay at work! Hopefully more people will have $10,000 in their savings account instead of $1,000 or less.
Why should you care about this?
Well, unless you’re Mexican or Peruvian, then it’s ok if you won’t care about the $15 wage hike, but if you’re an American, whether by birth, marriage or repatriation, then you should definitely care! Why? Because it’s a no-brainer! Or more technically said, you will benefit from it more than you can imagine. The current minimum wage which is $7.5 per hour is insulting at best. Some people from Asia can earn more than that on online home-based jobs. And do you know who employs them? Yes, it’s us, Americans! So go out and vote on this year’s presidential elections and let your voice be heard. Ask the next President to help these legislations get approved, so he or she can help you.