GOP Plays Games with Minimum Wage Bill

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Ezra Klein notes that Senate Republicans are now trying to put Democrats in a corner by putting forward a bill that would both raise the minimum wage and repeal the estate tax on multimillion dollar estates. That way, the thinking goes, Republicans can inoculate themselves against charges that they’re opposed to raising the wage floor for low-income workers.

At any rate, it’s a cheap gambit, and hopefully the Democrats will oppose it (repealing the estate tax would be, as we’ve pointed out before, disastrous for the poor, by putting programs such as Medicaid and Social Security under risk). But I also want to point out the paucity of the minimum-wage increase under discussion here. The current proposal would hike the minimum from $5.15 an hour, the level set in 1997, to $7.25 an hour by 2007.

That sounds like a big hike, but it’s really not. As Dean Baker notes, due to inflation, $7.25 an hour in 2007 is equivalent to about $5.30 back in 1997. So this “hike” will really just ensure that the minimum wage goes back up to its inflation-adjusted 1997 level. It’s not much of an increase, in real dollar terms, at all.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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