Business Owners Say Raise The Wage (Video)
A café in Baltimore. A motel in Grants Pass, Oregon. A Christmas tree and produce farm in Natchitoches, Louisiana. What do they all have in common? The owners of these businesses all support raising the national minimum wage from $7.25 to $10.10 an hour.
Higher wages doesn’t just help workers; it helps their bosses too. I’ve met with employers large and small over the last year. Time and time again, they tell me that they pay above the minimum wage because it’s good business – it leads to greater worker retention, reduced training costs, higher morale, increased productivity and, ultimately, more profits.
Plus, lifting the wage floor grows the customer base. Consumption is what drives economic growth. When you put more money in the pockets of working families…they spend it on goods and services. And that helps businesses grow. And that creates more jobs.
But don’t just take it from me. Check out what business owners themselves have to say in this new video: