I believe we should raise the federal minimum wage. Minimum wage today is not nearly sufficient to provide for the ever-increasing cost of living. Many businesses take advantage of the current low rate and pay their full-time employees the bare minimum in order to "save costs." Minimum wage today is not even keeping up with inflation. I say let's raise the minimum wage and protect the workforce who can't protect themselves.
Dare I ask why our politicians are so afraid of it? Long-term studies show no ill side-effects of raising the minimum wage. There is no excuse for our complacency as a society.