Robert Reich
A
Federal minimum wage in:

2009: $7.25
2010: $7.25
2011: $7.25
2012: $7.25
2013: $7.25
2014: $7.25
2015: $7.25
2016: $7.25
2017: $7.25
2018: $7.25
2019: $7.25
2020: $7.25
2021: $7.25
2022: $7.25

The result: It's now worth 41% less today than it was in 1968.
05:38 PM - Apr 21, 2023
Avatar Avatar Avatar
0
14
255
Keith James
A
I wrote my thesis from Northwestern on Minimum wage

The problem now becomes these giant leaps to catch up, if minimum wage went up with CPI every year, businesses wouldn’t feel it at all. It would be tied to inflation

By the time it jumps it will need to be $20 an hour

It’s like water/gas rates
In response to Robert Reich.
10:24 PM - Apr 23, 2023
0
0

 

{{ notificationModalContent }} {{ promptModalMessage }}