In 2026, 19 states are implementing minimum wage increases, with hikes ranging from 28 cents to $2, benefiting over 8.3 million workers. While these increases bring the average state minimum wage to $14.57, the federal minimum wage remains stagnant at $7.25, with tipped workers still earning a subminimum of $2.13. Advocates, including Senator Bernie Sanders, criticize the federal rate, emphasizing that it does not provide a living wage and is a national disgrace. Despite the efforts of multiple states and municipalities to raise wages, the gap between earnings and the cost of living remains significant, and calls for a living wage persist.
Read More
Democrats have unveiled new legislation proposing a significant increase to the federal minimum wage, aiming to raise it to $17 per hour. This move, while seemingly straightforward, immediately sparks a flurry of reactions, highlighting the deeply ingrained political and economic divisions surrounding this issue.
The proposed $17 minimum wage is met with a mixture of cautious optimism and outright skepticism. Some see it as a necessary step towards a more just and equitable economy, arguing that the current minimum wage is simply not a livable income in many parts of the country. They contend that increasing purchasing power for lower-income individuals will stimulate the economy, similar to the effects observed with stimulus packages, albeit in a more targeted and sustained manner.… Continue reading
During his Senate confirmation hearing, Scott Bessent, President-elect Trump’s treasury secretary nominee, opposed raising the federal minimum wage, deeming it a state and regional matter. This stance contrasts sharply with calls for a living wage and drew criticism for prioritizing tax cuts for the wealthy over wage increases for low-income workers. Bessent’s economic plan, focusing on deficit reduction and GDP growth, reportedly necessitates cuts to anti-poverty programs and potential tax hikes for the middle class to achieve its goals. Critics argue his nomination prioritizes the ultra-wealthy, potentially harming middle-class families.
Read More
John Q. Hosedrinker 
Matt Underwood