Minimum Wage Irrelevant To Many Small Businesses
Over the coming months Democrats will make raising the minimum wage a priority of their fall election agenda, and failing that, will make it a priority of the new Democratic congress in 2007. Republicans will carry water for their business masters once again and claim that an increase in the minimum wage will only hurt small businesses and lead to a loss of jobs.
Wrong. A new Gallup poll of small business owners done for Wells Fargo finds that well over 8 in 10 small businesses say that the minimum wage is largely irrelevant to them, and almost half would support increasing the wage, which hasn’t been increased since 1997.