The passage of the stimulus package last week ushered in an expansion of the social safety net that Democrats have celebrated. But one key policy was not included: a doubling of the federal minimum wage to $15 an hour.
Today, we look at the history of that demand, and the shifting political and economic arguments for and against it.
Today
1979: How the U.S. and Iran Went From Allies to Enemies
At the heart of the current U.S. war against Iran is an inconvenient truth: that the United States is, in many ways, responsible for creating the very regime it now seeks to topple. Today, Scott Anderson, a New York Times Magazine contributor, tells the story of America’s outsize ... Show More
49m 32s
Yesterday
The Young Economic Populists Reshaping the Left
College graduates used to lean right politically, but over the past few decades, they have increasingly moved to the left. Today, Noam Scheiber, the author of “Mutiny: The Rise and Revolt of the College-Educated Working Class,” explains the economic forces that have left many col ... Show More
37m 25s
Jun 10
The Iran War's Devastating Butterfly Effect
The war in Iran has had some visible consequences, like skyrocketing energy costs and higher gas prices, but the effects of this war are often far less obvious and much more serious for the world’s most vulnerable people. Today, Peter S. Goodman tells us what he learned on a rece ... Show More
26m 56s
Mar 2021
Legal Talk Today : Minimum Wage (Part 2)
In this part 2, we continue our conversation with Walter Olson from the CATO about the history, legality, and policy considerations of raising the minimum wage. What are the long-term implications? Tune in and find out!
Special thanks to our sponsor Nota.
Sources:
Hunton Andr ... Show More
16m 3s
Apr 2022
The Economy Is Weird Right Now
Unemployment in the United States is near record lows, wages are growing quickly, and spending in the service sector is increasing as the pandemic lulls.But there's also some worrying news: more job openings than people who want to fill them, global economic uncertainty stemming ... Show More
14m 25s
Jul 2022
Presidents Can't Fix Inflation. It Doesn't Stop Americans From Blaming Them For It.
Inflation hit a new, 40-year high in June, with consumer prices up 9.1% from a year ago. Gas prices were a big part of this, but the cost of essentials like food and shelter are also rising rapidly.It is a real problem for Americans trying to make ends meet — and one that lawmake ... Show More
14m 9s