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The senator wants to increase the minimum wage gradually, to $7 an hour by 2007.(John F. Kerry)(Brief Article)
* The senator wants to increase the minimum wage gradually, to $7 an hour by 2007. He points out that the minimum wage has not been increased since 1996. Inflation, while low, has steadily eroded its value. But one of the reasons the late Clinton years saw so much job growth, about which Kerry now boasts, is that the effective minimum wage was allowed to decline. It is also one reason that job losses over the last few years have been smaller than in past ...
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Source: HighBeam Research, The senator wants to increase the minimum wage gradually, to $7 an...