Kansas City Star: Minimum wage increase is a double-edged sword
By Diane Stafford
The Kansas City Star, Jul. 23, 2009
The federal minimum wage rises today from $6.55 to $7.25 an hour, bringing with it controversy about whether the increase is good or bad for the economy.
The raise, which will affect about 4 million workers nationally, is the third and final increase mandated by Congress in 2007.
For a full-time minimum wage earner, the bump means $28 a week more.
“When you have low income, any kind of increase in your paycheck is a big help,” said Sharon Davis, a minimum wage earner who has a part-time clerical job.