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>> NEW JERSEY Latest News

FEB 14, 2013 - Time

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Obama’s Proposal to Boost the Minimum Wage: Will It Help or Hurt Workers?

Of the proposals in President Obama’s State of the Union address, the one that’s perhaps getting the most attention is his push to have the federal minimum wage raised from $7.25 to $9.00 per hour. There are many reasons for this. First, it was one of the few concrete proposals to come out of the speech; and unlike many of the President’s industrial and tax policy ideas, it is easy to understand: Pass a law saying businesses can’t pay workers less than $9 per hour. But does the law make sense for the low-income workers it aims to help? For years the conventional ... Read More

Tags: Obama’s Proposal to Boost the Minimum Wage: Will It Help or Hurt Workers?,  New Jersey Latest News