Issue Position: A Livable Minimum Wage

Issue Position

A Livable Minimum Wage - I will sponsor the Fair CPI Wage Act (amends FLSA of 1938). Wages
have stagnated for decades and could be revitalized by raising the minimum wage to a livable wage (~$14/hr) by 2018 and tethering it to the Consumer Price Index, so that as consumer
prices float upward, so does the base level federal minimum wage. Under the current system,
consumer prices for goods and services have risen enormously in recent decades, but real
wages have not kept pace with such real increases in the cost of living, disproportionately
eroding the standard of living for the non-wealthy.

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