Does not mean that a socialist program is a good program.
There is no telling how long the so called minimum wage has suppressed wages.
Not surprising that the wage increase as you put it would come just to try to keep up with Obama's inflationary spiral. that will be like making 5.15 in the purchasing power. His economic policies and his war on our greatest asset which is energy will destroy us anyway.
It is like the time a union guy bragged abo0ut getting a 4 dollar raise but could not get a job because the union contractors could not compete at that wage. The union lost more than half of their market share and had to take a 5 dollar cut just to put a few guys back to work.
Bigtex actually makes my point. How much a person is paid is not the business of the federal government. Forced wage increase just add to the inflationary spiral just as printing money not only adds to inflation but steals from the middle class. Inflation does not hurt the rich and it does not hurt the poor nearly as much as it hurts the middle class.
Obama is waging war on the middle class and there are those that are too dumb to see it. It is simple economics 101 and you dont even need an education to understand it.
How much does penny candy cost today?