Everyone’s talking about the minimum wage today. I’m in favor of raising it, and I always have been, but a picture is worth a thousand words, so here’s a picture for you. Courtesy of the OECD, it shows the minimum wage in various rich countries as a percentage of the average wage. The United States isn’t quite the lowest, but we’re pretty damn close.
[For more go to http://billmoyers.com/2014/09/02/chart-the-minimum-wage-in-america-is-pretty-damn-low/]
Comments (1)