All tagged Raise the wage
Senators unanimously approved House Bill 1191 to raise the minimum wage to $15 an hour by 2023 and to $17 an hour for full-time workers employed by the state. It would also provide an income tax credit to help small businesses impacted by the wage hike.
Yes, a higher minimum wage would make it harder for me to compete for good attendants. I expect what I pay will have to keep rising. Nonetheless, I’d like people to be less strapped all the time, as mine are.
If Hawai’i were to raise the minimum wage to $17 per hour by 2025, a spam musubi’s price might increase from $1.55 to $1.62 (7 cents); the price of bag of chips might go up from $2.88 to $3.02 (14 cents); and the price of a fast food combo meal might rise from $6.59 to $6.91 (32 cents).
While it isn’t always easy, Passion and Inoshita also described what makes Hawaii beautiful and unique, which is what makes the struggle worthwhile, and why issues like homelessness and the need for a living wage need to be addressed more effectively than it has been to date.
“For I was hungry and you gave me something to eat, I was thirsty and you gave me something to drink, I was a stranger and you invited me in, I needed clothes and you clothed me, I was sick and you looked after me, I was in prison and you came to visit me.” (Matthew 25:35-36)
Overall, increasing the minimum wage is a net positive to all of Hawaii.
Consumer spending is two-thirds of our economy. So when we scratch our heads about why Hawaii’s GDP is not growing as fast as the rest of the country, the answer lies in how much money our residents have to spend. At $10.10 an hour, our low-income workers clearly do not have enough to buy food and pay rent — in short, be “self-sufficient.”
Increasing the minimum wage is a priority for the Hawaii Democratic Party, which passed a resolution last year advocating for a living wage in Hawaii. Currently, the minimum wage in Hawaii is $10.10 an hour, which equates to about $21,000 annually for full-time workers.
And why $17 an hour? The State of Hawaii’s Department of Business, Economic Development and Tourism in its 2016 study, says that a single Hawaii worker needs at least $17 an hour to survive.