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Romney Minimum Wage

Raising the Minimum Wage Is Cheap and Easy

Dean Baker | Posted 09.22.2012 | Business
Dean Baker

The real problem in our economy today is not a lack of productivity. The problem is that the gains from productivity growth have not been broadly shared. The wealthy have used their power to rig the deck so that most of the benefits of growth have gone those at the top. They have used their control of trade policy, the Federal Reserve Board, and more recently the Wall Street bailout, to ensure that those at the top have gained at the expense of everyone else. A higher minimum wage is an important step toward reversing this rigging. It should not be too much to expect that workers today should get at least as much as they did 45 years ago, and perhaps some dividend to allow them to share in the benefits of economic growth over this period. A minimum wage of $10 an hour would be a big step in the right direction.

New Bill Would Hike Federal Minimum Wage To Keep Up With Adjusted 1968 Rate

Posted 06.07.2012 | Detroit

The minimum wage hasn't kept pace with inflation, according to three Democratic U.S. Congressmen. They want to correct the situation by boosting the f...

The Real Economic Crisis Ties the GOP in Knots

Richard Kirsch | Posted 04.18.2012 | Business
Richard Kirsch

After three decades of the rich getting richer and the middle class being crushed and closed, Americans are very suspicious of the super-rich and corporate CEOs, and are looking for real evidence that politicians understand their plight.