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In , Bradley Horn attempts to make the case that the minimum wage could be raised to as much as an hour without increasing the unemployment rate.
While I agree that a small increase in the minimum wage is warranted, Mr. Horn loses all credibility by making the statement, There is no reason companies such as Wal-Mart and McDonald s cannot pay workers .10 an hour without laying off workers or raising prices.
Here is an example taken from life in the real world, not from "studies."
Mr. Jones and his wife of 25 years, first-generation immigrants, own a small chain of restaurants. They have a son in college and a teenage daughter who suffers from autism. They have worked hard to provide for the needs of their children, and have invested much of their life s savings into their family business."
"They currently employ 10 people at an average of 40 hours a week each, paying them the minimum wage of .25 per hour. A bill in Congress, which has the President s support, would raise the minimum wage to .10 per hour.
Raising the minimum wage by that much -- 39.3 percent -- will cost Mr. and Mrs. Jones, an extra 40 each week, not counting any increased payroll taxes.
Over a full year, it will cost them an extra ,280.
My question to Mr. Horn is: How will Mr. and Mrs. Jones pay for this increase without raising prices or laying off one or more workers?
RON SMITH, Upper Allen Twp.
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