The story is different because wages have been increasing at the low-end, much faster than inflation and much faster than in middle- or high-wage jobs, and that means that many workers, even in the $7.25 states, are already getting paid above the minimum wage.

Michael Reich

Michael Reich (born 18 October 1945) is a Polish-born economist who primarily focuses on labor economics and political economy. Currently, Reich is a professor of economics and co-chair of the Center on Wage and Employment Dynamics at the Institute for Research on Labor and Employment (IRLE) at the University of California at Berkeley. He served as director of IRLE from 2004 to 2015. In 1968, he helped found the Union for Radical Political Economics.

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