Dear Editor: Not only is Wisconsin’s minimum wage an embarrassment, it is also shortsighted and harmful to the state (“Wisconsin’s minimum wage is an embarrassment,” Dec. 10).
The 50% of the wealth owned by 10% of the population, mentioned in Dave Zweiful’s article, does not trickle down to the local economy. Instead, it buys luxury items, is invested in the stock market or parked in offshore accounts.
To stimulate the local economy, money needs to be introduced at the bottom, which is precisely what a higher minimum wage would do. It would be spent to buy groceries, eat in nearby restaurants, buy school clothes and other items a family consumes. With such expenditures, much of it stays in the local community, where it pays those who work locally and do their spending locally…