According to a press release, Massachusetts Senator John Kerry, Chairman of the Committee on Small Business and Entrepreneurship, spoke about how minimum wage increase was good for the workers of the United States, but also how it was great for small businesses throughout the country too. In a poll conducted last year in 2006, results concluded that 86 percent of small businesses in the US would not be impacted or hurt by the federal wage increase.
In Senator Kerry’s statement, he praised small business practices in the US: “In order for America to remain truly competitive in a global economy, we must invest in our workforce to stimulate small business growth. Small businesses create two-thirds of all new jobs in this country, and the vast majority of them are paying their new workers higher than the minimum wage.”
He also stated that he believes that a minimum wage increase benefits both workers and businesses in several ways, “It’s no secret that good wages result in increased productivity, ultimately improving a firm’s bottom line and economic development in their community. In fact, the last time Congress raised the minimum wage, our country experienced the strongest economic growth in decades. We saw lower unemployment, lower poverty rates, and lower inflation.”
In the final conclusion of his statement release, he said, “Small businesses get it. By raising the minimum wage, we’re creating a prosperous future for our small businesses, their workers and their families.”
Aside from Kerry’s perspective on the issue, working people also agree what his views.
“It’s true that minimum wage increases help improve the living conditions and lives of hard working Americans,” said Chicago worker Sam Watts. “I work for a small business and I agree that the increase doesn’t hurt them. In fact, it makes workers do their job better and businesses see the difference in the way their workers act and do their jobs.”
Brenda Garcia, a Chicago employer, said, “Small businesses really need the employment. It can often can be difficult to find employees to work for them, especially when they’re not well-known or when they need employees with specific knowledge. Small businesses realize they need to catch up to corporations.” She also said, “Plus, a small increase for a few workers doesn’t hurt them at all. They need the employees to run their business, so most don’t have problems with paying more to keep their workers happy. You just have to realize small businesses are a lot more personal and caring of their employees.”