A Shameful Milestone
Bob Geiger: Another unfortunate milestone in the reign of George W. Bush and the recently-deposed Republican Congress was reached on Saturday when the federal minimum wage set a new record for the longest period without a raise since its establishment in 1938. As of December 2, the $5.15-per-hour wage rate has remained unchanged for nine […]
Another unfortunate milestone in the reign of George W. Bush and the recently-deposed Republican Congress was reached on Saturday when the federal minimum wage set a new record for the longest period without a raise since its establishment in 1938. As of December 2, the $5.15-per-hour wage rate has remained unchanged for nine years and three months.
Not surprisingly, the prior record also occurred under Republican administrations, when the minimum wage rate remained stagnant from early 1981 until April of 1990 under Ronald Reagan and George H.W. Bush.
