The reason we have minimum wage laws is to ensure a basic standard of living. But in America, the federal minimum wage is still what it was in 2009: $7.25. And in developing nations to which big corporations outsource jobs, it’s mere pennies. These are clearly not livable wages. Our guest Professor Lawrence Wittner argues in a widely published article it’s just sound sustainable economics to institute a world-wide minimum wage. Poverty wages do not keep foreign economies strong. And no, consumer prices don’t automatically rise with a global minimum wage.  And, in this discussion, he explains how a global minimum wage keeps jobs in America.

Previous post

Republicans Got It: Bottom Up Works. Wake Up, Democrats!

Next post

This is the most recent story.