Tag Archives: consumer price index

The Minimum Wage: Time For an Increase

14 Nov

minimumwage

By Mike McGee

I spent fifteen years as a full-time labor and employment law attorney, and I consider myself to be knowledgeable with regard to labor laws and their operation in our daily life in the economy.

There has been a great deal of talk recently about how the current US minimum wage of $7.25 an hour is forcing more and more people to live below the poverty line. My research shows that in today’s dollars the minimum wage is not much different than it was in the 1980’s. So there must have been a change over this time in the definition of the “poverty line,” rather than a change in the sustainability of life for those being paid the minimum wage.

I am definitely in favor of raising the minimum wage to between $12.00 and $15.00 an hour, in line with the proposals which are currently being discussed in Washington. My support comes from the principle of raising the standard of living for the least paid in our society. Continue reading