Sunday, January 5, 2014

Obama on the minimum wage --- then and now |

Obama on the minimum wage --- then and now | "Third, a minimum-wage worker today does in fact "earn enough to rise out of poverty." A full-time $7.25-an-hour minimum-wage job pays $15,080 a year, while the federal poverty level for an individual is $11,490.

The bottom line is, the case for raising the minimum wage is nowhere near open-and-shut, something Sen. Barack Obama realized before becoming President Barack Obama. But that older, more nuanced view of the minimum wage will likely be absent from Obama's rhetoric in coming weeks; the new campaign will be all about politics. "Democratic Party leaders, bruised by months of attacks on the new health care program, have found an issue they believe can lift their fortunes both locally and nationally in 2014: an increase in the minimum wage," the New York Times reported on Dec. 29. The paper added that leading Democrats hope to use the minimum wage as "not only a wedge issue that they hope will place Republican candidates in a difficult position, but also a tool with which to enlarge the electorate in a nonpresidential election.""

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