Man on the Edge - Minimum Wage Increase?
It was Massachusetts Senator Elizabeth Warren who pointed out: if minimum wage had kept up with worker productivity since its introduction, it would be $22 per hour by now. And if it followed the same track as top-income earners like CEOs and presidents, it would be $33 per hour. Instead, it's $7.25, which is something the President said he wants to change during his last State of the Union speech. So what do you think would happen if we took Senator Warren at her word and raised minimum wage to $22 per hour?
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