Posts Tagged ‘$7.25’

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Assessing the Minimum Wage

    Jul 30, 12 • 102 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Economic Debates, Economic History, Government, Labor, Macroeconomic Measurement, Regulation, Thinking Economically, UncategorizedNo Comments

    Currently at $7.25, should the federal hourly minimum wage rise to $9.80? Proposed legislation from House Democrats would increase the minimum wage in three steps, 85 cents a year for 3 years. After that, the amount would move upward with inflation. Advocates...