A Bold New Call for a ‘Maximum Wage’

A Bold New Call for a ‘Maximum Wage’

How about taking a moment this Labor Day to reflect about those Americans who earn the least for their labor? These Americans — workers paid the federal minimum wage — are now making $7.25 an hour. On paper, they’re making the same wage they made in...
Percolate-Up Economics

Percolate-Up Economics

Washington keeps handing massive bailouts to Wall Street giants and multibillion-dollar annual subsidies to Big Oil. Those giveaways certainly boost the 1-percenters’ bottom lines, but they do nothing to perk up America’s grassroots economy. And...
Fix the Minimum Wage

Fix the Minimum Wage

In most states, working full-time in a minimum-wage job pays $7.25 per hour. That’s just $15,000 a year for full-time work. It’s not enough to live on. In fact, a breadwinner for a family of four earning the minimum wage would be a full $7,000 below the...
America’s Skimpy Minimum Wage

America’s Skimpy Minimum Wage

In 2012, the 63 million Americans who depend on Social Security are getting their first cost-of-living adjustment (COLA) in three years: a 3.6 percent increase in benefits. In other words, one in five Americans are getting a raise. For the average beneficiary, this...