Connecticut's Minimum Wage Hike Signed Into Law by Carter Brown

Connecticut's Minimum Wage Hike Signed Into Law, Setting Nation's Highest Statewide Rate:

The full story can be found at this link:
http://www.huffingtonpost.com/2014/03/27/connecticut-minimum-wage_n_5045720.html

On Thursday, Connecticut passed a new law hiking up the state minimum wage to  a whopping $10.10, starting in 2017, thus setting it as the nation's highest statewide rate. In another Huffington Post interview, a few businesses were talked to and they all said the new law wouldn't personally affect them, though a lot of Republicans are opposing it. Gov. Dannel P. Malloy signed legislation Thursday.  "Surrounded by state lawmakers and officials, Malloy appeared at a packed Café Beauregard, the same New Britain restaurant where he dined earlier this month with President Barack Obama and several other New England governors. The president was in town to advocate for a national $10.10 minimum wage. After signing the bill, Malloy said it was one of his "proudest days as governor" and added: "It's time to get people out of poverty." Earlier in the day, Malloy and legislative leaders received a congratulatory phone call from Vice President Joe Biden, who thanked Connecticut for being the first state to pass legislation enacting the $10.10 wage. Some cities, but no states, have higher minimum wages." As a working teenager, I wouldn't personally mind the huge increase in Connecticut. I understand that the president is now looking to raise the minimum wage nation wide. While this would be mostly beneficial to me, I can see that pushing the nation deeper and deeper in to debt, seeing as families that earn more, tend to spend more. The whole thing has its advantages and disadvantages. I guess time will just have to tell what happens and what Obama will say, depending on how Connecticut adjusts to this change. "Many small business owners were disappointed by the increase last year but partially relieved that the issue was behind them. Suddenly it's back and it's bigger," said Andrew Markowski, Connecticut director of the National Federation of Independent Business. "They must be wondering what's next, and who could blame them?" Some people are for this change and some are against it. I guess time will tell what happens...