Senator Edward Kennedy once called the minimum wage “one of the best antipoverty programs we have.” Jared Bernstein, former chief economist to Vice President Joe Biden, thinks “it raises the pay of low-wage workers without hurting their job prospects.” And Ralph Nader thinks low-wage workers deserve a pay increase—and the government should provide it.
(18 days ago)
Corporate interests and their elected representatives have created a world of illusion in order to resist paying a decent wage to working Americans. They'd have us believe that minimum-wage workers are teens from '50s TV sitcoms working down at the local malt shoppe. It's a retro-fantasy where corporate stinginess creates minority jobs, working parents can't possibly be...
(1 month and 3 days ago)
On Thursday, Governor Cuomo and legislative leaders passed the 2013-2014 budget, which proved to be a mixed bag for working New Yorkers. Advocates spent the last few years working on a minimum wage hike in New York, and were encouraged when Governor Cuomo included a minimum wage increase in his legislative priorities for 2013. After President Obama's support for a $9 minimum...
(2 months and 5 days ago)
A federal minimum wage increase could affect about 15 million workers directly, according to government data. It would affect millions more indirectly, assuming it causes workers who earn more than the minimum wage to get proportional raises to stay above the lowest pay rate.
(3 months and 10 days ago)
It was encouraging to see President Obama propose an increase in the minimum wage in his State of the Union address, even if the $9.00 target did not seem especially ambitious. If the $9.00 minimum wage were in effect this year, the inflation-adjusted value of the minimum wage would still be more than two percent lower than it had been in the late 1960s. And this proposed...
(3 months and 6 days ago)
Senate Republicans softened their opposition to increasing the minimum wage, passing a budget resolution that includes consideration of a raise for low-income workers.
(2 months and 16 days ago)
President Obama's proposal to raise the federal minimum wage is likely to rekindle debates over whether the measure helps or hurts low-income workers.
(3 months and 12 days ago)
It's a great idea, one I've espoused on these very pages. The president suggested raising the federal minimum from its current level of $7.25 up to $9 by 2015 and then index it to inflation. An increase of that magnitude would directly lift the wages of 15 million low-wage workers, according to the WH. Clearly, in an economy where for decades growth has failed to reach our...
(3 months and 12 days ago)
This question was originally answered on Quora by Jack Anderson, Entrepreneur What is the best rebuttal to the argument that "if increasing the minimum wage to $10/hour would help workers, why shouldn't we increase the minimum wage to $20/hour?" Short answer: Because if you raise the minimum wage to $20/hour, everybody who makes under $20/hour is at risk of losing his or her...
(3 months and 4 days ago)
President Obama's call to increase the federal minimum wage to $9 an hour was one of the more significant proposals he laid out in his State of the Union address Tuesday night. But $9 an hour is still a far cry from what workers really deserve, a 2012 study finds. The minimum wage should have reached $21.72 an hour in 2012 if it kept up with increases in worker...
(3 months and 11 days ago)
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