Minimum Wage

From: Tommy Prozach
Sent: Saturday, December 27, 2014
To: Joe Watt, Bell Policy Center
Subject: Minimum Wage Article

I saw that you were quoted in the Denver Post regarding raising the state minimum wage.

We need more people like you advocating for the lower half.

The problem with our economic system is that there are too many people being paid below average wages and by raising the minimum wage, we are helping more people earn above average wages. DID YOU KNOW THAT 50% OF ALL PEOPLE EARN BELOW AVERAGE WAGES!!!!!!! We’ve got to do something about that.

I’ve coined a term for this and you can use it if you wish. I call it “Trickle Up Economics”. By raising the minimum wage, the whole wage scale goes up and therefore, more people will earn above average wages. It’s really simple and most people can understand this economic concept. Eventually, everyone will earn above average wages.

Carry on and Best Wishes.

Tommy

Tommy Prozach
Changing the World One Day at a Time
Web Address: www.TommyProzach.com
Email Address: Tommy@TommyProzach.com

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From: Joe Watt, Bell Policy Center
Sent: Monday, December 29, 2014
To: Tommy Prozach
Subject: Re: Minimum Wage Article

Tommy — Thanks for your note. I shared it with our policy director, who is usually the guy who talks to the media folks. We share your sentiments, and I like your “trickle-up economics.”

Joe