Democratic House Minority Leader Nancy Pelosi said that recent Wall Street gains mean one sure thing: The minimum wage should be hike to $10.10 per hour.
“This week, we saw something quite remarkable — the stock marking soaring to record heights,” she said, Raw Story reported. “At the same time, we see productivity keeping pact. But we don’t see income for America’s middle class rising. In fact, it’s been about the same as since the end of the Clinton years.”
So, she suggests, why not raise the current minimum wage from $7.25 per hour to $10.10 per hour — even more than the $9 per hour proposed by the president?
“If we are going to honor our commitment to the middle class, we have to reflect that intention in our public policy,” Ms. Pelosi said at a press event in the Capitol, as Raw Story reports.
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Cheryl Chumley is a continuous news writer for The Washington Times. Previously, she was part of the start-up team for The Washington Times’ digital aggregation product, Times247. She’s also a 2008-2009 Robert Novak journalism fellow with The Phillips Foundation. She can be reached at cchumley@washingtontimes.com.
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