The Minimum is the Message

Between Obama’s recent speech on economic inequality and fast-food worker protests around the country, we’re hearing a lot more about the minimum wage. Here’s a key stat to keep in mind. “A federal minimum wage in 1968 could have lifted a family of three above the poverty line, now it can’t even do that for a parent with one child, working full-time, 40 hours a week and 52 weeks a year (yes, this calculation assumes that the parent takes no time off).”

+ The U.S. economy added more jobs than expected in November.

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