The federal minimum wage rate's purpose:
The federal minimum wage rate (to the extent of the rate's purchasing power), net reduces incidents and extents of poverty. It prevents states having lesser regard for their wage-dependent families, from undermining the labor markets of other U.S...
The next minimum wage rate bill: The next U.S. Congressional bill to increase the federal minimum wage rate, should be the last minimum rate bill to be passed and enacted.
That bill should set a targeted purchasing power value of no less than 125% of the minimum‘s Febuary-1968 value. The...