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Fri, Feb 15, 2013 -- 9:30 AM

Is It Time to Raise the Minimum Wage?


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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.
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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