2min chapter

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460. The True Story of the Minimum-Wage Fight

Freakonomics Radio

CHAPTER

The Federal Minimum Wage Act of Twenty Twenty One

The current federal minimum wage is seven dollars and twenty five cents an hour, with some exceptions for seasona workers, apprentices and tipped employees. Support for a fifteen dollar minimum wage is extremely strong among democratic voters, eighty six per cent in favor. But there is much less support from republican politicians,. Their primary argument is that a higher minimum wage would punish businesses, especially small businesses, and ultimately cost jobs. This debate has been going on for a good long while. In two thousand 13, president bama took it on. We see more and more americans having this feeling, on both sides of the politicl isle, that they are working harder and making less....

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