Response to Obama's State of Union

In his State of the Union Speech Obama talked about a lot of issues and problems he intends to address in the year of 2104. One of the key things he mentioned was raising the minimum wage to $10.10, which would actually be a pretty decent jump from what it is right now. Even though that seems like a good thing and it means people will be making more money, it could also become a problem. For example a lot of odd jobs are paying around somewhere to $8-9 an hour, the jobs that are paying somewhere around $10 right now are probably like factory jobs. So if he decided to raise the minimum wage to $10.10, that means the jobs that are paying $10 an over right now also has to raise there pays as well. They obviously can't keep there pay to $10 because if they still keep there pay to $10, people are going to quite those jobs and look for easier jobs and make the same amount of money. Now basically every job is going to have to raise there pay to their employees and this could eventually mean there might be less jobs handed out to people. The reason for that is because if company's aren't doing that good they can't afford to pay all their employees that much money, so what might happen is that company's will keep less employees to work for them now. Overall, I was even happy to hear that Obama might raise the minimum pay but when I thought of it this can also become a big problem as well. The only thing to do now is just wait and see what happens, also how everything works out in the future.