Chancellor's Professor of Public Policy at the University of California at Berkeley and Former US Secretary of Labor
Pro to the question "Should the Federal Minimum Wage Be Increased?"
"If the minimum wage in 1968 had simply kept up with inflation it would be more than $10 today. If it also kept up with the added productivity of American workers since then, it would be more than $21 an hour…
More money in people's pockets means more demand for goods and services, which means more jobs not fewer jobs.
Studies also show that when the minimum is raised more people are brought into the pool of potential employees, giving employers more choice of whom to hire. This reduces turnover and helps employers save money.
Finally, employers who don't pay enough to lift their employees out of poverty are indirectly subsidized by the rest of us – who are paying billions each year in food stamps, Medicaid, housing assistance, and welfare, to make up the difference.
The minimum wage should be raised to $15 an hour. It's the least that a decent society should require."
"Raise the Minimum Wage to $15," robertreich.org, May 7, 2015
Experts Individuals with PhDs, JDs, or equivalent advanced degrees in fields relevant to the minimum wage; and top-level federal government officials significantly involved in the minimum wage and related issues. [Note: Experts definition varies by site.]
Involvement and Affiliations:
Chancellor's Professor of Public Policy, University of California at Berkeley, Jan. 2006-present