Econ Comments & Analysis
CNN Money | The impact of a $9 minimum wage
After promising five years ago to raise the federal minimum wage, President Obama finally unveiled a plan to do so on Tuesday.
FOX Business | Higher Minimum Wage, Higher Unemployment?
In his State of the Union address, President Barack Obama proposed hiking the minimum wage to $9 an hour by 2015, from $7.25, where it has been since 2009. The president also wants to index the minimum wage to inflation, so that it continues to rise in the future.
