Tuesday, January 28, 2014

Income Inequality & the Minimum Wage


Mantel, Barbara. "Minimum Wage: Would raising the rate be good for the economy?" CQ Researcher 24 Jan. 2014. Political pressure is building on Congress to raise the federal minimum wage, which has remained at $7.25 an hour since 2009. Polls show a majority of Americans support the idea;
low-wage workers have staged protests demanding higher pay; and 21 states have set their own hourly minimums at more than $7.25.