Fri, Feb 15, 2013 -- 9:30 AM
Is It Time to Raise the Minimum Wage?Download audio (MP3)
In Tuesday's State of the Union address, President Obama urged Congress to increase the federal minimum wage from $7.25 to $9 an hour by 2015 and to provide for annual cost of living adjustments. The California Assembly will also consider a bill which would raise state hourly rates to $9.25 by 2016. We discuss the politics and economics of the proposed minimum wage increases, and the impacts on workers and businesses alike.
Host: Dave Iverson
- John Kabateck, California executive director of the National Federation of Independent Business (NFIB)
- Sylvia Allegretto, labor economist for the Institute for Research on Labor and Employment at UC Berkeley