We Need a Minimum Wage INTERVENTION!

shortlink here:  http://wp.me/p2w2NH-nI

The minimum-wage stimulus

By Felix Salmon

June 20, 2013

Nick Hanauer has a good idea today: raise the minimum wage to $15 per hour.

The minimum-wage intervention would kill a lot of birds with one stone: it’s a win-win-win-win-win-win.

First of all, most simply and most cleanly, it would immediately raise the incomes of millions of cash-strapped Americans — precisely the people who most need to be earning more than they’re making right now. A whopping 51 million people would benefit directly, along with 30 million who would benefit indirectly: these are enormous numbers.

http://blogs.reuters.com/felix-salmon/2013/06/20/the-minimum-wage-stimulus/

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