Portrait of business man in busy office

Jan Schneider supports a transition to a federal minimum wage of $15 per hour indexed for inflation. The current federal minimum of $7.25 per hour (and the Florida minimum of $8.25) does not allow working families, even with two full-time wage earners, adequately to support themselves and one or more
children. This is not only a financial, but also a moral issue.
In other words, the current issue is not jobs. The United States is at near-full employment, with a jobless rate under 4 percent. The issue is jobs that pay living wage.

Democrats have “Raise the Wage” bills pending both in the Senate and the House of Representatives (S.1242 & H.R.15). The bills would phase in a $15/hour minimum wage over a
seven-year period and would also improve the situations of tipped workers and individuals with disabilities. The Senate bill has 31 cosponsors and the House version 171. Considering that there are currently 49 Senators who caucus with the Democrats 193 Democrats in the House, the policy has gone mainstream.

In Jan’s view, a country that can afford to give $1.5 trillion in tax cuts to the richest Americans and wealthy corporations can and should ensure living wages for its workers. It has now become clear that the benefits of the Tax Cuts and Jobs Act have not “trickled down” or resulted in substantial increases in worker salaries and wages. Moreover, increasing the minimum wage may be the biggest stimulus for the economy – and it will certainly afford working families greater security and better living standards.