Senator Elizabeth Warren continues to impress, this time with her excellent set of questions during a hearing regarding minimum wage by the Senate HELP Committee (Health, Education, Labor, & Pensions).
Warren’s main argument in this line of questing is that as productivity has increased at companies since the 1960′s wages should have increased accordingly. Warren goes on to not that this means that today the minimum wage would be $22 per hour today and she wants to know what happened with the other $14.75 per hour that is no longer going to workers.
It’s interesting that the same free market people talk of cutting entitlements don’t want an increase in minimum wage. People can’t live on minimum wage without government assistance. If the free market would do it’s part and pay reasonable wages, the government would have a smaller role in providing that assistance.
It’s interesting that the same free market people talk of cutting entitlements don’t want an increase in minimum wage. People can’t live on minimum wage without government assistance. If the free market would do it’s part and pay reasonable wages, the government would have a smaller role in providing that assistance.