Will the Democratic Congress raise the federal minimum wage?
There’s a spirited debate at Boston Gal’s Open Wallet over the pros and cons of a federal minimum wage hike now that the Democrats control both the House and the Senate.
I have a wishy-washy, flip-flopping, nuanced, pragmatic, and evolved position on minimum wage.
The current federal minimum wage is $5.15. The new rate being talked about is apparently $7.25. The Republicans should strongly consider an aggressive approach: $7.65 but no inflation indexing. More realistically, though, the Republicans are going to fight any raise tooth and nail and end up looking like total asses.
