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Jill Herendeen's avatar

More like a $35/hour minimum wage. Back in 2012, CEPR calculated that minimum wage, in order to have kept up w/ gains which had been made in productivity since Min. Wage began, would have had to be over $21/hour, in 2012 dollars.

That being said, IMHO there's no need for all that money to come out of the employer's pocket; in Switzerland, e.g., employers pay their workers whatever they want, but then the workers get the balance straight from the state, in order to bring workers' pay up to the mandated minimum.

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Dan DeShane's avatar

I LEFT THE DEMOCRATIC PARTY,BACAUSE THEY LEFT ME ! I AM NOT ALONE.

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