Jan 8, 2007
Supposedly the Democrats intend to raise the minimum wage. Good – and the very first step should be to put it immediately up to $10 per hour.
That’s the equivalent in today’s money of what the minimum wage was worth 37 years ago. But $10 is only the first step – because the minimum wage wasn’t high enough in 1970 to provide a decent standard of living either.
And $10 an hour won’t do it now either. But anything less is nothing but electioneering!