Posts Tagged ‘minimum wage’

What the US gets wrong about the minimum wage.

October 14, 2019

Alexia Fernández Campbell explains what the US gets wrong about the minimum wage. A Vox video.

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Millionaires Vote Down $10.10 Minimum Wage

May 1, 2014

Millionaires Vote Down $10.10 Minimum Wage

“A broad-based coalition of millionaires converged on Washington today to defeat a bill that would have increased the minimum wage for American workers to $10.10 an hour.

Leaving behind their mansions and yachts, the millionaires were motivated by what they saw as an existential threat to the country, Mitch McConnell, a spokesman for the millionaires, said.

‘This was an extremely diverse coalition,’ McConnell said, noting that everyone from the rich to the very rich to the super-rich united to vote down the bill.”

— “Millionaires Unite to Defeat Minimum Wage,” Andy Borowitz, The New Yorker

More:

“GOP Blocks Minimum-Wage Bill in Senate,” Caitlin Huey-Burns and Alexis Simendinger, RealClearPolitics

Related:

“Which Millionaire Are You Voting For?” Nicholas Carnes, New York Times

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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The Congressional Wage

November 12, 2013

The Congressional Wage

Members of Congress will earn $174,000 plus deluxe benefits next year even though the House calendar shows they will only work for 113 days, just 1/3 of the year. In contrast, 40% of Americans earned less than $20,000 last year and a majority of U.S. workers earned under $30,000.

A bill raising the minimum wage to $10.00 an hour will be introduced this month. How does that compare with the Congressional wage?

“Breaking the numbers down … members of the House of Representatives will make approximately $1,539.82 per day or, given an eight-hour work day, roughly $192.47 per hour.”

— “Congress Working Less Than 1/3 Of Year In 2014, Getting Full Salary,” CBS Miami

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A Day Without Burgers

August 29, 2013

A Day Without Burgers

Don’t forget to pack a lunch this morning. Fast-food workers across the country are striking for a living wage, so’ll you’ll want to stay out of McDonald’s, Wendy’s, and Burger King. Don’t like cold sandwiches? Read this.

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Jobs & Freedom

August 24, 2013

Jobs & Freeedom

The next week will see commemoration of the 50th anniversary of the 1963 March on Washington. That’s what it’s often called now, but the event’s full name was really the March on Washington for Jobs and Freedom. Among the original goals: A living minimum wage of $2.00 an hour.

Guess what? Even that paltry $2.00 in 1963 dollars would be $15.26 today. The 50th anniversary march has a lot of lost ground to cover.

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A Living Wage for All Working Americans

February 15, 2013

“Tonight, let’s declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty.” Barack Obama, State of the Union Address, February 12, 2013

“I’ve been dealing with the minimum wage issue for the last 28 years that I’ve been in elected office, and when you raise the price of employment, guess what happens? You get less of it.” House Speaker John Boehner (R, OH-8).

“Economists: A $9 minimum wage won’t hurt jobs,” Natasha Lennard, Salon

“A history of the minimum wage since 1938 [chart],” Annalyn Kurtz, CNN Money

“Obama proposes $9/hour minimum wage. OK, says business owner,” Elizabeth Fuller-Wright, Christian Science Monitor

“40% Of Americans Now Make Less Than 1968 Minimum Wage,”  Dave Johnson, Campaign for America’s Future

“Minimum Wage 101,” Mike Konczal, The American Prospect

“Minimum wage a bad idea? Ask execs who pay even more,” Charles Wilbanks and Alain Sherter, CBS News

“Minimum Wage Battle May Wound Republicans,” Steven T. Dennis, Roll Call

“Who would be affected by President Obama’s proposed minimum wage increase?” Natilie Sabadish and Doug Hall, Economic Policy Institute

“Why isn’t raising the minimum wage considered a no-brainer?” Robert Reich, Salon

“If You Notice That $9 Is More Than $7.25, Are You a Communist?” Kris Benson, Wonkette

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