Thursday, October 26, 2006

The 12 days of endorsements: Issue 2

On the first day of endorsements I say Yes on Issue 2.

Issue 2 is a constitutional amendment raising the minimum wage in Ohio. And believe it or not there are people actually opposed to this measure.

Their first argument is that it will cost jobs. The facts show otherwise.

The Center for American Progress in a recent study found the following:
Employment in small business grew 9.4% in states with a higher minimum wage and 6.6% in states will lower ones.Where minimum wages was higher the number of small businesses grew 5.5%, where the wage was lower, 4.2%.Retail employment grew 12.3% in states with higher minimum wage, and only 6.4% in ones with lower like Ohio. There was similar growth in the number of restaurants, restaurants jobs and restaurants employment in states with Higher and lower.

Their other argument says Issue 2 will lead to identity theft. Umm Huh? This issue has nothing to do whatsoever with identity theft. This is clearly a red herring put out by those that have no facts to justify their position.

Ohio’s minimum wage is actually below the federal minimum wage at $5.15 an hour. That amount of money has less purchasing power then at any time in 50 years. $5.15 an hour translates to $10,712 a year with the Federal Poverty Line at $13, 200. It is estimated that 719,000 workers in Ohio make minimum wage.

The fundamental truth of the day is Issue 2 is good for business, good for the economy and good for the citizens of Ohio.

This is a slam dunk, vote Yes on Issue 2.


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