{"id":647419,"date":"2013-03-19T09:17:47","date_gmt":"2013-03-19T13:17:47","guid":{"rendered":"http:\/\/www.webpronews.com\/?p=221364"},"modified":"2013-03-19T09:17:47","modified_gmt":"2013-03-19T13:17:47","slug":"22-minimum-wage-matches-u-s-productivity-says-senator","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/647419","title":{"rendered":"$22 Minimum Wage Matches U.S. Productivity, Says Senator"},"content":{"rendered":"<p>Though the minimum wage in the U.S. has risen in recent years, the current $7.25 per hour minimum wage is still looking sparse when considered next to the rising cost of living in the U.S.  Large hikes in the minimum wage aren&#8217;t likely due to the messiness of congress, but at least one senator believes the minimum wage should be at least triple what it currently is.<\/p>\n<p>Last week, at a <a href=\"http:\/\/www.webpronews.com\/tag\/u-s-senate\">Senate<\/a> Health, Education, Labor, &#038; Pensions (HELP) Committee meeting, Massachusetts Senator Elizabeth Warren compared the rise in the minimum wage since the 60&#8242;s to the rise in American workers&#8217; productivity.  Speaking to a University of Massachusetts Amherst economics professor, Warren stated that if the minimum wage had kept pace with productivity, it would be $22 per hour today.  Warren pointedly asked the professor, Arindrajit Dube, why this wasn&#8217;t the case.<\/p>\n<p>&#8220;My question, Mr. Dube, with a minimum wage of $7.25 an hour, is what happened to the other $14.75,&#8221; asked Warren.  &#8220;I sure didn&#8217;t go to the worker.&#8221;<\/p>\n<p>Dube backed up Warren&#8217;s math, and even stated that if minimum wage had kept pace with the rise in income of the top 1% of taxpayers that it would have been around $33, before the recent recession.<\/p>\n<p>Warren then went on to question David Rutigliano, owner of the Southport Brewing Company.  Rutigliano took the side of small business owners, stating that his business doesn&#8217;t run the same way or with the same volume as a McDonalds, which Warren pointed out could weather a minimum wage hike with relative ease.<\/p>\n<p><iframe loading=\"lazy\" width=\"616\" height=\"347\" src=\"http:\/\/www.youtube.com\/embed\/ABM0_L_5vLw\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=EOTfJoBuwZI:QIGauEHIJeY:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=EOTfJoBuwZI:QIGauEHIJeY:wF9xT3WuBAs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?i=EOTfJoBuwZI:QIGauEHIJeY:wF9xT3WuBAs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=EOTfJoBuwZI:QIGauEHIJeY:7Q72WNTAKBA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=EOTfJoBuwZI:QIGauEHIJeY:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?i=EOTfJoBuwZI:QIGauEHIJeY:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=EOTfJoBuwZI:QIGauEHIJeY:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=EOTfJoBuwZI:QIGauEHIJeY:mfZ73u_VV2s\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?i=EOTfJoBuwZI:QIGauEHIJeY:mfZ73u_VV2s\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/webpronews\/all\/~4\/EOTfJoBuwZI\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Though the minimum wage in the U.S. has risen in recent years, the current $7.25 per hour minimum wage is still looking sparse when considered next to the rising cost of living in the U.S. Large hikes in the minimum wage aren&#8217;t likely due to the messiness of congress, but at least one senator believes [&hellip;]<\/p>\n","protected":false},"author":7356,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-647419","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/647419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7356"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=647419"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/647419\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=647419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=647419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=647419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}