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Here are some notes and quotes from Senators fighting Republicans last week to get an increase in the Federal Minimum Wage. Ted Kennedy (D-MA): Wage hike not normally linked to tax cuts"Only once in 1996 did we pair a minimum wage increase with tax cuts. Previous increases had strong bipartisan support, despite the lack of tax cuts. In 1989, the minimum wage was raised with no tax cuts and passed by a margin of 89 to 8. In 1977, with no giveaways, an increase passed 63 to 24. We have seen what has happened.
"Only one time -- it didn't happen in 1938, 1949, 1955, 1961, 1966, 1974, 1977, 1989 --only in 1996. And look in the last 10 years what has happened in terms of the reduction of taxes for corporations and for small businesses. In corporations, it is $276 billion in tax breaks; small businesses, $36 billion; and no raise for minimum wage workers.
"Now, all of a sudden, we are trying to get minimum wage workers a little boost, and everybody is running around to get an increase in tax provisions." Bob Casey (D-PA): An issue of "economic justice""Since 1997, congressional pay has increased 24 percent, about $31,000. This has occurred while the value of the minimum wage has been eroded by 20 percent.
"Let me say that again: Congressional pay up 24 percent, the value of the minimum wage down 20 percent. We cannot say that enough. The cost of living is up 26 percent, the cost of food up 23 percent, the cost of housing up 29 percent, the cost of gasoline up over 130 percent, the cost of health care up 43 percent. Families who are listening to this today know this. The average premium for a family of four costs over $10,000, almost $11,000, which is more than a minimum wage worker earns in a year.
"What we are talking about here is an issue, indeed, of economic justice. Raising the Federal minimum wage will give our workers more than $4,000 per year. Let's consider what that could buy for a family in America. You can buy almost 2 years of childcare with over $4,000, full tuition at a community college, 2 years of health care, 1 year of groceries, 1 1/2 years of heat and electricity, and 8 months of rent. That is how we affect, in a positive way, people's lives, the lives of hard-working men and women in America today.
"Those who argue against an increase in the minimum wage will say that an increase will hurt small business and/or the economy. I do not agree with that because if you look at the data, when the minimum wage was increased in 1997, what happened in the aftermath? Millions and millions of jobs were created and raising the minimum wage did not slow that down one iota." For more of this article, please go to BobGeiger.com
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