Current role and backgorund
Tim Scott is currently the United States Senator for South Carolina and a former member of the United States House of Representatives for South Carolina. Tim Scott is a republican; he became a senator in 2013 after he was named to fill the U.S. Senate seat, which was formerly owned by Jim DeMint. He is first Republican African-American Representative from South Carolina since 1897 and is also a fiscal and cultural conservative.
Born in North Charleston, South Carolina, Scott’s parents divorced when he was 7, and he grew up in poverty under the care of his mother who worked 16-hour days. Partial scholarship from Presbyterian College for football then graduated from Charleston Southern University with a B.S. in Political Science.
Minimum wage and feelings about it
Tim Scott feels that low wage levels haven't brought about job growth. The Fair Minimum Wage Act is a bill that would increase the minimum wage from its current $7.25/hour to $10.10/hour over the next two years. After that point, the minimum wage would automatically increase to keep pace with inflation. Because the minimum wage is not currently indexed to inflation, the real value of the minimum wage continues to fall every month that the Congress fails to act, depriving hard-working Americans of another meager meal.
A higher minimum wage would create an immediate drag on earnings and create pressures for higher prices. On the flip side, that makes a higher minimum wage attractive to businesses also. Many low-paying American companies, like McDonald's, make a most of their money selling goods and services to those on the lower class of the income ladder. Since low-income workers tend to spend more of what they make, a higher minimum wage would put more purchasing power in the pockets of these companies' customers.