Minimum Wage Raise is the Least We Can Do to Civilize America | Op-Eds & Columns

English: This is a history of minimum wage increases under the 1938 act. This is current as of September 2009, with the inflation adjustment going to August 2009, the latest data. (Photo credit: Wikipedia)

Minimum Wage Raise is the Least We Can Do to Civilize America | Op-Eds & Columns:

 "The federal minimum wage is just $7.25 an hour and hasn’t been raised in three years.  But a raise is much more overdue than that.  If we look at the minimum wage 44 years ago, and simply adjust it for inflation, it would be more than $10 today.

This is another ugly symptom of what has gone wrong in America over the past 35-40 years.  From 1979-2007 about 60 percent of the income gains have gone to the now infamous 1 percent at the top, with the majority of those gains going to the top 0.1 percent – people who made, on average, $5.6 million per year."




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