Editor’s note: Welcome to Question of the Week, a forum for our subscribers to sound off on what they think. Each week, we pose a question to our subscribers and ask them to tell us what’s on their minds. (You can see a past example here.) To comment, simply sign up for the Talk Platform (create your profile here) and start chatting.
This week, we want to know where you are on the minimum wage. What should the federal minimum wage be?
President Biden wants to raise the federal minimum wage to $15 an hour as a way to lift up millions of the working poor, reduce America’s vast financial inequality and help boost the economy. Economists differ on whether it will do that or force employers to cut jobs. The nonpartisan Congressional Budget Office estimated that while raising the minimum wage to $15 by 2025 would increase pay for 17 million people and pull 900,000 out of poverty, it would also end 1.4 million jobs.
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