Raising the Minimum Wage in Hard Times

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Updated / Summary
  • The federal minimum wage was enacted during the Great Depression to promote economic recovery.
  • The long-term fall in worker buying power is a key reason we are in the worst economic crisis since the Great Depression.
  • Raising the minimum wage boosts consumer purchasing power and economic recovery.
  • Raising the minimum wage does not increase unemployment in good times or bad.
  • Raise the floor to lift the economy.
  • Holly Sklar
    Oct 27 2010
    Let Justice Roll