The election of 2014 is scarcely behind us, but according to the Federal Election Commission WalMart’s political action committee has already doled out more than a hundred thousand dollars to candidates in the next congressional election cycle.
Meanwhile, Rep. Elijah Cummings has introduced H.R. 122, the Original Living Wage Act. If passed, H.R. 122 would […]
The cost of attending a dinner with Jeb Bush tonight is a $25,000 donation. That’s ten thousand dollars more than a minimum wage worker makes in an entire year. […]
Over the last five years, the real U.S. minimum wage has dropped 75 cents an hour. This is true even though nominally speaking, from 2009 to 2014 the U.S. minimum wage has remained at $7.25.
The above paragraph may seem paradoxical, but it isn’t. The two statements are resolved by noting the difference between “real […]
Number of years that the federal minimum wage has been in decline, accounting for inflation: 6
Number of American workers earning the federal minimum wage or less: 3.3 million
Number of bills before the 114th Congress to raise the federal minimum wage: 1
Number of Congressional cosponsors for legislation to raise the minimum wage: 19
Members of the United States Congress are elected to make sure that the government meet the needs of the American people, but some of them have an awfully strange idea of what those needs are. An example of the odd priorities often expressed by members of Congress is H.R. 602, a bill yesterday that will, […]
When the U.S. Congress does nothing about the minimum wage, it cuts the minimum wage.
That statement may seem paradoxical, but it isn’t if you keep in mind the difference between nominal wages and real wages. The word “nominal” is just an adjective used to mean “the name of something,” and so a “nominal dollar” […]
May 2012 — before losing his congressional seat, Republican Bob Dold introduces seven bills that if passed would have directly benefitted the Dow Chemical corporation by eliminating import duties for substances Dow Chemical uses in the United States but produces on the cheap overseas with underpaid third-world workers. The bills, and the chemicals on which […]
The Fair Minimum Wage Act before Congress (House|Senate) is a bill that would increase the minimum wage from its current $7.25/hour to $10.10/hour over the next two years. After that point, the minimum wage would automatically increase to keep pace with inflation — the tendency of currency to be worth less as time passes. I […]
Last March, I wrote about two bills before the U.S. Congress — H.R. 1010 in the House and S. 460 in the Senate. Together, these bills are known as the Fair Minimum Wage Act, and if passed they would increase the minimum wage from its current $7.25/hour to $10.10/hour over the next two years. After […]
Is this the sort of voice on the minimum wage that you’d like to hear coming from the U.S. Senate?
It’s the voice of Shenna Bellows, running for U.S. Senate in Maine against incumbent Republican politician Susan Collins.
S. 460 is a bill in the Senate that would increase the minimum wage to $10.10 […]
As Brendan Kiley notes, McDonalds has created a special budgeting guide for its employees. Here’s just one page from the guide:
Kiley has noticed that there isn’t any spot for food in McDonalds’ sample budget for its employees, that heat won’t be a necessity either, but that a second job will be necessary. Why? […]