President Obama just called for an increase in the federal minimum wage from $7.25 to $9.00 an hour. Yet he made no effort to save the "temporary stimulus" 2% payroll tax cut. So what's better for low-wage workers: an increase in the minimum wage or a decrease in payroll taxes?
Since President Franklin Delano Roosevelt signed the historic Social Security Act of 1935, unemployment insurance has kept American families from falling into poverty. Seventy seven years later, this vital lifeline for unemployment insurance recipients continues to be weakened.