Barack Obama today announced his support for a $50/hour minimum wage, as the competition among Democrats heats up for the Presidency.
Early in the presidential campaign, John Edwards seemed to have taken a strong position for the "poor" on economic issues. In the battle for the hearts and minds of Democratic voters, the candidates have been taking stronger and stronger stands on issues like minimum wage.
Last week Hillary Clinton staked her claim on minimum wage by calling for a $20/hour rate, with health benefits to be mandatory for all workers in any size company. Polls shortly afterward showed Clinton getting a 3-point increase in the polls. Then Edwards, who had never previously stated a particular dollar amount, called for a $30/hour minimum wage, though he did not mention health benefits at that time. Polls the next day showed a boost for him of 5 points.
Now Barack Obama has taken an even more aggressive position with his $50/hour minimum wage. He called it "a requirement for economic justice in America." An MSNBC text message poll taken shortly after the announcment showed Obama getting a 10-point boost, most of which came from Clinton.
Some in the business community have taken a dim view of the minimum wage issue, with the National Federation of Independent Businesses saying the proposals are "utter poppycock." The topic has set off a rampaging battle within a variety of media outlets, as many journalists make less than $20/hour. Even New York Times publisher Arthur Sulzberger Jr. suggested that a $30/hour minimum wage would cause severe hardship to its business, but his comments strangely did not appear in the newspaper.
There is no word as yet on whether any of the proposals would apply to journalists at TheSpoof.com.
[Editors Note: Hey Redlich - Fuhgeddaboudit!]