MarketWatch: What economists and workers say about Biden’s bid for a $15 minimum wage and end to tip credits
By Elisabeth Buchwald
MarketWatch, Jan. 19, 2021
... Dubbed the American Rescue Plan, [Biden's] proposal also includes $1,400 stimulus checks and increased child tax credits. “No one working 40 hours a week should live below the poverty line,” Biden said when he announced the package. “That’s what it means if you work for less than $15 an hour and work 40 hours a week, you’re living in poverty.” ...
Some also see a $15 minimum wage as a tool for helping businesses.
“Workers are also customers. The current minimum wage keeps workers in poverty, and...