Will Obama Fight to Raise Minimum Wage?

[Gerald]

Movement at the state level to boost minimum wage could give Obama much-needed juice in his stalled push to raise the federal minimum and peg it to inflation.Seven states are set to raise their minimum wage on Jan. 1 in a move estimated to benefit hundreds of thousands of workers. Despite concerns that government-mandated wages will make skittish employers even more reluctant to hire workers, supporters say the changes are not drastic enough to dent the size of the payroll, and if anything it will help the economy by putting more money in the pockets of those most likely to spend it.

http://www.foxnews.com/politics/2010...-federal-push/


Note: Published December 28, 2010