USEUROPEAFRICAASIA中文双语FrançaisHOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELWATCHTHISSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperMOBILEOpinionCartoonsEditorialsOp-EdColumnistsFrom the PressOpinion LineFrom the ReadersBureau ChiefForum TrendsHome / Opinion / From the ReadersMinimum wage wont help
China Daily | Updated:2013-02-25 07:57Im all for people getting out of poverty, but US President Barack Obama thinks that raising the minimum wage will get people out of poverty. What economics classes did he take? Raising the minimum wage to $9 an hour wont get anyone out of poverty!
Companies are already scaling back on hiring and instead of employing full-time workers they are hiring part-time help instead so they dont have to pay healthcare benefits. Millions of people who had health benefits are losing them. The minimum wage was never intended to be a living wage for anyone. The only thing that will get people out of poverty is an education and skills that mean they dont have to take minimum wage entry-level jobs.Unfortunately, President Obamas “great ideas” are fantasy at best and will only slow down our struggling economy even more. Great intentions do not always equal great results.The only way to help people is to put policies in place that help small businesses, the engine of the US economy.Barb Adams, via e-mailReaders comments are welcome. Please send your e-mail to or or to the individual columnists. China Daily reserves the right to edit all letters. Thank you.(China Daily 02/25/2013 page9)Related StoriesNo major growth spurts for US economy in 2013Fed announces new steps to boost US economyStudents from China add $5b to US economyUS economy may skirt direct hit from Hurricane SandyCartoonsBlack swan eventsPreference for boysTechnology changes lifestylePrevention of aidsJapan and THAADIncome inequalityMost Viewed in 24 HoursFroum trendsShould single women be allowed to have kids?Should for-profit private schools be banned?ColumnistsPolitical changes in the West a challenge for Germany at G20 helmToo close to callForumFeatured ContributorsWorld Bank: China could achieve both high growth and deleveragingRussian media blow off stale western prejudiceChina Daily Bureau ChiefsChongqing and Chengdu City Cluster on faster trackXi-Ma meeting brings historic opportunitiesStar BloggersHow I spend my birthday in ChinaA Somalis Chinese dreamBACK TO THE TOPHOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELWATCHTHISSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperMOBILECopyright 1995 -var oTime = new Date();
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