Minimum Wage Is A Poverty Wage

Imagine trying to live on $7.25 an hour. Even if you managed to work  full eight-hour days, you’d be making only about $58 a day, $290 a week,  or a measly $15,000 a year at most. And out of that would come taxes  and other deductions. According to the standards of the federal government, you’d be living in poverty. Yet $7.25 an hour is the federal minimum wage set by  Congress. State legislatures can and do set state minimums higher than  the federal rate, but never lower, much as some would like to.


Minimum Wage Is A Poverty Wage (by: Dick Meister)


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