Poll Finds That Americans Like Raising the Minimum Wage More Than Capitalism

Poll Finds That Americans Like Raising the Minimum Wage More Than Capitalism

There's a new poll out with some incredible findings. 

In short, raising the minimum wage has massive support. There are more Americans who favor raising the minimum wage than those who see capitalism in a positive light. There are more Americans who favor raising it than a slew of other policy issues. 

The new HuffPost/YouGov poll found that raising the minimum wage is a more attractive concept than capitalism, with 62% of respondents supporting raising the hourly minimum wage from $7.25 to $10.10, compared to 53% who have a positive opinion of capitalism. Fans of capitalism were more likely than not to support a wage hike for low-income workers, with 51% backing an increase, according to the Huffington Post.

And it's not just capitalism that has fewer fans than a higher minimum wage. Raising the minimum wage also has a higher percentage of support YouGov polls than other popular progressive causes like marijuana legalization, gay marriage and abortion. It's also more popular than the Affordable Care Act, though that's not as surprising.

YouGov Minimum Wage Poll Results

The debate over whether a minimum wage hike would help or hurt workers rages on — just 30% of the poll respondents believe a minimum wage hike would hurt workers, while 52% believe it would help. The pressure for a higher minimum wage is mounting.

In his recent State of the Union address, President Obama announced an executive order to increase the minimum wage for federal contractors. As for the rest of the working population, states are taking matters into their own hands. More than 30 states are considering legislation to raise the minimum wage — 22 bills have been introduced in 14 states and the District of Columbia on minimum wage increases and related issues, according to the National Conference of State Legislatures.

Raising the minimum wage might be the most popular policy change of any today.