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Minimum wage facts

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, Rare All-Star

Posted on

Fact: People don’t try to support households on the minimum wage. It tends to be a second earner benefit, often teenagers.

“22 percent of the earners who are benefiting from the hike in the minimum wage are coming from households that bring in more than 75,000 dollars a year — 50 percent higher than the median household income,” said Herman Cain.

In short, the minimum wage hike doesn’t help those it would be intended to help, so why bother?

There are bigger fish to fry.

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Herman Cain is a businessman and former Republican presidential candidate. Follow him on @THEHermanCain

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