Raising the Minimum Wage in Hard Times

Summary

• The federal minimum wage was enacted during the Great Depression to promote economic recovery.
• The long-term fall in worker buying power is one reason we are in the worst economic crisis since the Great Depression.
• An America that doesn't work for working people is not an America that works.
• Raising the minimum wage boosts consumer purchasing power and economic recovery.
• Raising the minimum wage does not increase unemployment in good times or bad.
• Raise the floor to lift the economy.

Raising Minimum Wage in Hard Times