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I support @epi.org & @benzipperer.org minimum wage proposal. Fifteen years ago I would only support raising the minimum wage to 50% of median wage. But bold policies and research on them now indicate we can go much higher, to two-thirds of the median wage. www.epi.org/publication/...
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Key takeaways: The federal minimum wage is at its lowest real value in 77 years. Frozen at $7.25 since 2009, the federal minimum wage has lost 30% of its purchasing power during this 17-year freeze. S...
www.epi.org
Setting high standards for a federal minimum wage: Raising the wage to two-thirds of the national median wage would lift pay for nearly 40 million workers
Larry Mishel