In the News

warning: Creating default object from empty value in /usr/www/users/bsp07/businessforsharedprosperity.org/modules/taxonomy/taxonomy.pages.inc on line 34.

Business NH: Brother, Can NH Spare $7.25?

By Michelle Saturley
Business NH Magazine, February 2007

The battle over the federal minimum wage is escalating as the U.S. House voted in January to raise it from $5.15 to $7.25 per hour over 26 months, with the Senate working on its own version of a bill. Since NH tradionally sets its minimum wage by the federal standard advocates and opponents alike are closely watching the debate. The state's Democratic leaders have also made raising the mimimum wage a priority

Cox News Service: Business forges unusual alliances

New coalitions lobby Congress on health care, environment, minimum wage.

By Marilyn Geewax
Cox News Service, 2/14/07

WASHINGTON - As partisanship chills the cooperative mood the new Congress enjoyed in its first weeks, frustrated business executives are working in unusual coalitions with labor leaders and environmentalists to push for compromises.

Consider a few recent examples:

McClatchy-Tribune News Op-Ed: Holly Sklar, Minimum wage raise is good for business

By Holly Sklar
Op-Ed Distributed by McClatchy-Tribune News Service, February 8, 2007
Copyright (c) 2007 Holly Sklar

The minimum wage is headed for a raise -- back to the 1950s. That's right, even after rising from $5.15 now to $7.25 in 2009, the federal minimum wage will still be lower than it was in 1956, when it was $7.41 in today's dollars.

The minimum wage was enacted in 1938 through the Fair Labor Standards Act, designed to eliminate "labor conditions detrimental to the maintenance of the minimum standard of living necessary for health, efficiency and general well-being of workers."

The minimum wage was never meant to be the minimum the nation's worst employers want to pay. That would be as absurd as setting environmental policies to accommodate the worst polluters.