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Fri, Feb 15, 2013 -- 9:30 AM
Is It Time to Raise the Minimum Wage?
Spencer Platt/Getty Images
A man walks by a "now hiring" sign in the window of a fast food restaurant on August 7, 2012 in New York City.
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
Guests:
- 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
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Also, please note that your comments could be read on air. We may edit them for clarity or brevity, and we will use only your first name to identify you on the air.
