You Simply Can't Earn a Living in America on the Minimum Wage @alternet

You Simply Can't Earn a Living in America on the Minimum Wage @alternet:

"Keep in mind that not raising wages costs you money. Those minimum wage workers who can't make enough and need to go on food assistance? Well, Walmart isn't paying for those food stamps (now called SNAP), you are. The annual bill that states and the federal government foot for working families making poverty-level wages is $153 billion. A single Walmart Supercenter costs taxpayers between $904,542 and $1.75 million per year in public assistance money, and Walmart employees account for 18% of all food stamps issued. In other words, those everyday low prices at the chain are, in part, subsidized by your tax money. If the minimum wage goes up, will spending on food benefits programs go down? Almost certainly. But won't stores raise prices to compensate for the extra money they will be shelling out for wages? Possibly. But don't worry -- raising the minimum wage to $15 an hour would mean a Big Mac would cost all of 17 cents more."