Senate GOP Blocks Minimum Wage Hike For No Good Reason
Wednesday Senate Republicans blocked opening debate on a Democratic Bill to begin raising the minimum wage. Along with pay equality and campaign finance reform, this is a key issue for the Dems’ midterm platform, and a major economic goal for the Obama Administration in 2014.
The minimum wage currently sits at $7.25 an hour, where it hasn’t budged since 2009 despite the fact that it lags substantially behind inflation. This issue plays directly into the problem of income inequality, as low wages have failed to make up for nearly doubled worker productivity since the 1970s.