Page 9 - Minimum Wage Increases News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sending state employees home early. just to give awn idea of the preparations there. here in new york where we are seeing about 300 salt spreaders out on the roads, trying to get ahead of the storm, about a thousand snowplows standing by, as well as people at the stores buying up snow shelves, food, water, preparing to hunker down as long as they immediate to weather out this storm. officials warning people to stay off the roads. they say that if you do have to go out there, be sure to pack extra supplies and flashlights, food, water. just be prepared in case you get stranded overnight. port a...

Swept it's floors, this country offered you a basic bargain. a sense that your hard work would be rewarded with fair wages and descent benefits, a chance to buy a home and save for retirement and most of all, a chance to hand out a better life for your kids. but over time that engine ban to stall and a lot of folks here saw it. that bargain began to fray. technology made some jobs obsolete. global competition sent a lot of jobs overseas. it became harder for unions to hire the middle class. smaller minimum wage increases for the working poor.

That just doesn't add up. joining us now is former chief economic adviser to the vice president and senior fellow at the center on budget and policy priorities, the great jared bernstein. jared, okay, tell us. why is the number nine the right number at the right time when it comes to the minimum wage? >> because if you look at the history of minimum wage increases, they've always been in the kind of range that we're contemplating if we're talking about going from the current federal level of $7.25 to $9 in 2015. the chart that you're showing there is one that i made over the weekend. i don't k...

>> let me just -- build an unbelievable company with 1 billions and billions of dollars. i don't need to hear from this man. believe me. i don't have to hear from him. >> classic schoolyard put down. they all came out against raising the minimal wages. here is trump taking on the issue of minimum wage increases. >> taxes, too high, wages too high. we are not going to be able to compete against the world. i hate to say it, but we have to leave it the way it is. people have to go out and work really hard and get into that upper stratum. that we cannot do this if we are going to compete with the ...

Latest updates on this topic from reliable sources.