With the nonparticipation rate for employment so low (lowest since the late 70's), no way in hell should we raise the minimum wage. Once we get the non-participation rate very low and get the unemployment in the 4% range, then raise the minimum wage at that point. We need as many people working and raising it now would take the unemployment rate towards the 7% range and keep the non-participation rate very high. It's just common sense. We don't have much of that in Washington right now.
Last edited: Aug 16, 2016