alternative hippopotamus

progressive cyberdadaism from our nation’s capital

July 23, 2007

All Together Now: Living with the Minimum Wage

by AltHippo @ 11:09 am. Filed under economics

(Note: the following is a draft for a post at the Open Left blog. The final version may be found here.)

I’d like to discuss what it means to live in a just and equitable society. Principally this is to highlight Jared Bernstein’s book “All Together Now: Common Sense for a Fair Economy,” and what it means for minimum wage and the Living Wage. It’s also a plug for Mr. Bernstein’s book discussion at the DC chapter of Drinking Liberally Thursday, July 26.

We’re living in historical times, perhaps unprecedented in my lifetime. We’re engaged in a terrible and unnecessary war in Iraq, the Executive Branch has evidently become severely politicized, and the compact that holds our society together economically has eroded.

I’d like to focus on that last point. There appears to be little dispute that a new social compact is needed. President Clinton used just those terms when he said, in a 1995 speech (Washington Post):
(more…)

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