FastSaying

It has now been over 7 years since Congress last raised the minimum wage to its current level of $5.15 per hour. Since that last increase, Congress's failure to adjust the wage for inflation has reduced the purchasing power of the minimum wage to record low levels.

Jon Corzine

AdjustBeenCongressCurrentFailureHourIncreaseInflationLastLevelLevelsLowMinimumMinimum WageNowOverPerPowerPurchasingRaisedRecordReducedSinceWageYears

Related Quotes

No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty.
— Jon Corzine
CurrentDoesEarning
The minimum wage should be a living wage.
— Jon Ossoff
LivingLiving WageMinimum
A minimum wage leads to higher levels of unemployment.
— Steve Hanke
HigherLeadsLevels
The value of the minimum wage shouldn't be eroded, and it has been.
— Robert J. Garagiola
BeenErodedMinimum
Ohio is one of only two states that have a minimum wage below the federal level of $5.15 an hour.
— Sherrod Brown
BelowFederalHour