There is an interesting article on M Live this morning about a bill introduced in the Michigan Senate that would significantly increase Michigan's minimum wage, taking it from its current level of $7.40 to $10 by 2015. The Senator that introduced this bill sighted increased inflation and its toll on minimum wage earners as the primary reason for this bill.
I think all legislators should be required to have a college degree with a major in economics if they are going to have the power to influence the economy, maybe that should be the next bill introduced!
Let me know what you think....
Here is a link to the news article on M Live, have a great Friday!