Why We Need to Raise the Minimum Wage

No matter where you get news – the Financial Times or your Twitter feed - you’ve undoubtedly seen the huge increase in stories about the divide between rich and poor in the United States. The most current wave kicked off with President Obama’s recent New York Times interview in which he focused on the way the income gap is tearing apart the nation’s social fabric. The stories continue, focusing on one-day strikes by fast food workers (the lowest paid workers in the US, according to the Bureau of Labor Statistics) or the issue of using payroll cards for workers.