State of the Union 2013 Live: Raising the Minimum Wage

Impact

In a statement that will surely raise the ire of the Republicans and the pro-business crowd. While raising the minimum wage will bring more people out of poverty and provide families with more money to spend and save, the business crowd wants no part of this. It won't take long before they start announcing how bad for their bottom line this would be and how the cost will have to be passed on to the customer with higher prices. Raising the minimum wage will not be an easy task.