July 26, 2013
by John Light
This week marked the four-year anniversary of the last time Congress
increased the minimum wage — from $5.15 in 2007 to $7.25 in 2009. Groups
demonstrated across the country, demanding increases at both the state
and federal level. President Obama pledged that he would continue to
press for an increase in his
economic policy speech at Knox College.
But
there’s another problem: Millions of working Americans make less than
minimum wage. In fact, more Americans are exempt from it than actually
earn it.
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