Politicians quarrel on minimum wage increase, but what’s the effect on economy?
President Obama and Gov. Quinn pushed for a minimum wage bump in their State of the Union and State of the State addresses. The push for more money has been a hot button issue for political candidates, and workers who say the current wage isn’t livable in today’s economy. A town in Washington state responded to workers’ calls for an increase and now workers in SeaTac have a $15 minimum wage. We check in on the battle there to rise above the federal limit, and also get analysis from the Economic Policy Institute on how a wage bump affects the economy.
Photo: Flickr/CUPE Ontario