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.
The Republicans handed Obama a tactical victory when they agreed to extend the payroll tax cut on Obama's terms. But maybe it's Democrats who've set themselves a trap. What if the president's partisan victory is actually hollow?