Related Content: minimum wage

February 21, 2014

Weekly Show

Ukraine violence tests U.S.-Russia relations, CBO report on minimum wage, political action money during election season and Mitch McConnell's bid for re-election as part of the 2014 races to watch. Joining Gwen: David Sanger, The New York Times; Jeanne Cummings, Bloomberg News; Amy Walter, Cook Political Report; Greg Ip, Economist.  

Raise the Minimum Wage

On The Radar

Here’s an unhappy observation about the minimum wage: Congress last increased the rate in stages in 2006, topping it out at $7.25 an hour in 2009, or $15,080 a year. That amount, when adjusted for inflation, is actually lower than what a minimum-wage worker earned in 1968 and is too meager to offer anyone the chance to climb out of poverty, let alone afford basic goods and services.
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