Minimum Wage increases today, July 24; nobody’s running to the bank

By The News Jul 24, 2007

dohernandez reported for RaceWire: The minimum wage goes up today for the first time in a decade! It goes from $5.15 to $5.85 an hour. If calculations of inflation and the cost of living are right, the minimum wage should be at $9.00. The $9.00 an hour rate would allow working class people to retain purchasing power. Either way, the plan is to increase the minimum wage to $7.25 by the summer of 2009. Way too little and way too late. See story here. Later, watch this 7 Days @ Minimum Wage campaign video about one woman who’s worked minimum wage all her life, and now prays, telling God how she feels bad for wanting more money. See how poverty excludes then deludes.