Restaurant workers and their pay have been making headlines for nearly a year now as fast-food employees protest for higher wages and the Obama Administration attempts to increase the minimum for all workers. Here's what you need to know about minimum wage.
The gains from a higher minimum wage extend beyond those who receive it. More money in the pockets of low-wage workers means more sales, especially in the locales they live in -- which in turn creates faster growth and more jobs.
Raising the minimum wage won't solve these problems overnight, but making sure workers earn enough to get by is critical to turning the tide and strengthening our economy. And it's something we should advance in our communities today.
All throughout history, clergy of all faiths and denominations have been deeply involved in the fight for civil rights and for fair treatment for all people. Now faith leaders are helping to lead the fight against income inequality.
The NRA's very presence in this debate, the very fact that they planted this letter, is paradoxical evidence against the argument that the higher minimum wage comes exclusively out of workers' jobs and higher prices.
As the uproar over the CBO analysis demonstrates, the issue of whether jobs are gained or lost as a result of a minimum-wage increase depends largely on how we analyze the vast amount of research that has been conducted on the question over the past half-century.
At a time when 400 American families have more wealth than 150 million, an American single mom earning minimum wage at a full-time job takes home just $15,000 a year to support her family -- below the poverty line.
If anyone believes even for a brief moment that corporations are in the business of hiring more people, he/she just might be temporarily delusional. Let's be honest and keep it real: businesses are consistently looking to grow their profits.
Increasing the minimum wage is part of the president's vision of opportunity for all, a fair chance to get ahead if you're willing to work hard. It will help families and it will help businesses. It's the right thing to do and the smart thing to do.