After the federal minimum wage increases to $6.55, it will remain below the minimum rate in 23 states and the District of Columbia. And even when it reaches $7.25 in 2009 the federal wage will still be below the minimum rate in at least 11 states and the District of Columbia.
If the minimum wage had been linked to the inflation rate in 1968, it would be over $8.60 today. If had been indexed to inflation in 1978, it would be nearly $8.00 today.
The new minimum wage of $6.55 an hour still leaves millions of hard-working Americans in poverty.
A worker who is employed full-time at the new minimum wage still earns only about $13,600 per year—$4,000 below the federal poverty line for a family of three and $7,600 below poverty for a family of four.
Source
I once got to speak to you on the phone briefly about 2 years ago. As just a regular citizen I liked that I could speak to someone as you who leads Campaign for America's Future. As a person with a disability I cannot easily go to a conference such as yours. more »
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Making Sense 2008!
