Stan24 said$9 is not high enough. Americans have a lower minimum wage now than 45 years ago, when adjusted for inflation.
"The minimum wage of $1.60 an hour in 1968 would be $10.56 today when adjusted for inflation."
So why not $20 or $25 then?
Or $19? Or $22? Or $26?
Who decides how much is "enough?"
There will be those like meninlove (who also laughably claims that he knows something about basic finance let alone basic math) who claim that businesses attempt to pay their employees as little as possible and without minimum wage businesses would be in a race to the bottom and pay next to nothing.
They have to contend with statistics like these:http://www.bls.gov/cps/minwage2011.htm
In 2011, 73.9 million American workers age 16 and over were paid at hourly rates, representing 59.1 percent of all wage and salary workers.1 Among those paid by the hour, 1.7 million earned exactly the prevailing Federal minimum wage of $7.25 per hour. About 2.2 million had wages below the minimum.2 Together, these 3.8 million workers with wages at or below the Federal minimum made up 5.2 percent of all hourly-paid workers.
Not only is the number of wage earners who earn minimum wage or less 5.2% (ie 94.8% earn MORE than minimum wage), but this doesn't account for salaried employees who are not wage earners and who would earn considerably more than minimum wage. So the number of workers who make minimum wage is probably considerably less than 5%!
You'd think this was good news. But no, they'd rather have higher unemployment and they think that the people who suffer are big business who make too much money as it is. Unfortunately the only people who win are big business who generally don't pay minimum wage (and why WalMart has historically campaigned for higher minimum wage) and self congratulatory parasites who are employed as supposed advocates of the poor when they do anything but as the minimum wage shows. The losers? The peopel who can't get experience because of the cost to small businesses, and small businesses who are typically the ones who pay minimum wage.