The Limited Times

Why doubling the minimum wage is causing controversy in the United States

3/14/2021, 10:28:26 PM


DECRYPTION - The Senate has blocked the inclusion of the pledge in the huge legislative stimulus package voted on last week as a matter of urgency, due to public spending. A contested measure that could destabilize employment in times of crisis.

Joe Biden promised it.

But for the moment, the commitment could not be kept: the fight of the Democratic president to double the federal floor of the hourly wage is postponed.

"The sooner the better"

, proclaims the left, outraged that for ten years the minimum wage has been unchanged at 7.25 dollars an hour.

Senate rules on passing provisions that lead to lasting increases in public spending have prevented the pledge from being included in the massive stimulus legislative package, which was urgently voted on last week.

To revalue the federal minimum wage, the White House will have to deal with a handful of centrist senators from both parties as part of normal procedure.

According to the non-partisan Congressional Budget Office (CBO), if the Biden plan were adopted, 17 million employees would see their income rise to $ 15 an hour by 2025

The problem is in many ways less dramatic than Joe Biden proclaims: of some 80 million Americans paid by the hour, less than two million earn the federal minimum wage.

Most large private employers like Amazon and Target have been paying for a long time

This article is for subscribers only.

You have 81% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in