Robert Reich Leftists are arguing that a $15 minimum wage is far too low; instead, many are calling for a $26 minimum wage.
As originally noted by Foundation for Economic Education correspondent Brad Polumbo, online debate about the policy started with an August article from the progressive Center for Economic and Policy Research . Economist Dean Baker argued in the piece that the minimum wage ought to keep pace with overall economic productivity. Having the minimum wage track productivity growth is not a crazy idea. The national minimum wage did in fact keep pace with productivity growth for the first […]
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