A Quote by Christina Romer

Most arguments for instituting or raising a minimum wage are based on fairness and redistribution. Even if workers are getting a competitive wage, many of us are deeply disturbed that some hard-working families still have very little.
I grew up working for the minimum wage at Hardee's and knows first hand how important the minimum wage is. I support a state based minimum wage so every state can set their own minimum wage based on their cost of living.
Raising minimum wage doesn't just benefit the workers behind me, it creates a proven ripple effect that increases wages all the way up the scale. ... Let's get the facts straight, only 20 percent of people making the minimum wage are teenagers. The rest are hardworking adults, many of them with families, and I mean hardworking.
I do not support raising the minimum wage, and the reason is as follows. When the minimum wage is raised, workers are priced out of the market. That is the economic reality that seems, at least so far, to be missing from this discussion.
People will say 'how can you have a plane when your workers are on minimum wage?' I said 'but I don't set the minimum wage.' If the minimum wage would be the living wage, then the Government who set the rules should set it at the living wage. That's how I look at it.
[A]s we celebrate 75 years of the minimum wage, we must also recognize that it is no longer achieving its potential impact in our economy or for America's working families. Every American deserves the chance to build a better life for his or her family - and raising the minimum wage will provide that opportunity.
If you're fighting against a minimum wage increase, you're fighting an uphill battle, because most Americans, even most Republicans, are okay with raising the minimum wage.
I was on the committee that helped raise the minimum wage here in Seattle. I introduced a statewide bill to raise the minimum wage in Washington state my first year in the state senate, and I really believe that raising the federal minimum wage, while not the answer to everything, addresses a lot of the issues at the very bottom.
If you look at the future of the Democratic Party, things like raising the minimum wage - Democrats need to get behind raising the minimum wage and be clear on where we stand on trade deals.
Even if we raised the minimum wage to $15 an hour, it's still hard to prosper on that wage.
The minimum wage is not something that you want to stay on as a permanent basis. For example, if you have a minimum wage job, you don't stay there 20 or 30 years. You don't put your children through college working on minimum wage.
We have a lot of evidence on what happens when you raise the minimum wage. And the evidence is overwhelmingly positive: Hiking the minimum wage has little or no adverse effect on employment while significantly increasing workers' earnings.
My mother saved our home with a minimum wage job. But in the 1960s, a minimum wage job would support a family of three above the poverty line. Not today. Not even close. I understood right then that people can work hard, they can play by the rules, and they can still take a hard smack.
Many unions have contracts with employers that are based on a multiple of the prevailing minimum wage. If the minimum wage goes up, union salaries go up by a similar percentage.
The national minimum wage has not been increased in 9 years. By year's end, 21 States across America will have a minimum wage exceeding the Federal minimum wage.
[A] family with two kids that earns the minimum wage still lives below the poverty line. That's wrong. That's why, since the last time this Congress raised the minimum wage, 19 states have chosen to bump theirs even higher. Tonight, let's declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9 an hour.
Minimum wage laws tragically generate unemployment, especially so among the poorest and least skilled or educated workers... Because a minimum wage, of course, does not guarantee any worker's employment; it only prohibits, by force of law, anyone from being hired at the wage which would pay his employer to hire him.
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