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Minimum wage or starvation wage?

August 16, 2013
By BOB WHITED , Tribune Chronicle | TribToday.com

Lately, there has been an outcry from fast food workers across the land and into our local areas concerning the minimum wage. The federal minimum wage is currently $7.25 an hour. With the many complaints piling up against the quite successful fast food companies, most of us can feel a compassion for those workers and are not surprised. It just doesn't seem right that if the minimum wage had really kept pace with inflation, the minimum wage would be well over $10 an hour. Another fact is that if it had kept pace with just average labor wages, it would be close to $17 an hour.

 
 

 

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