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
War in Iran Triggers Chaos in Global Oil Market
As Iran has tightened its chokehold on one of the world’s most vital shipping routes and the Trump administration sent mixed signals about how long the war would last, oil prices have swung wildly. Rebecca F. Elliott, who covers energy for The New York Times, explains just how mu ... Show More
29m 21s
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 29s
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 14s