Income inequality and minimum wage rates have become a growing issue in today's politics. The problem is that the minimum wage rates have stayed the same. That is, however, until Obama signed on to an increase in minimum wage for those employed by federal contractors. According to Mike Lux, this is a big deal and a step in the right direction for our president.
Lux (co-founder and CEO of Progressive Strategies, L.L.C, and previous Senior Vice President for Political Action at People For the American Way) writes in a way that is easy for an internet pioneer to read and understand. I was drawn to this post because it pertains to finances and economy, which have been touchy subjects in the United States lately. Curiosity kills the cat, but curiosity also reels in a blog audience. I believe that Lux intended for his post to be read by both political enthusiasts and novices alike as they try to form an opinion about this new wage raise.
Lux supports the minimum wage increase and persuades his readers to agree with him by noting its historical importance. Not only does the minimum wage increase effect these federal contracted employees, but, according to Lux, it resets economic standards and corporate expectations as well. He talks about how it also heightens the possibility for income inequality to raise its head as a larger political issue in upcoming party speeches.The ripple effects of this minimum wage raise could be greater than the direct effects will be.
I agree with these ideas and perspectives. Though Lux is a Democrat, he presents the places where Obama's fiscal propositions are wrong early in his post and he then chooses to support Obama's decisions that will benefit national budget and economy. Lux shows his readers why the raise in minimum wage will change more than just how much money a certain group of people will make. This little thing is more important than many citizens realize and Lux says Obama has made the right decision this time.
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