The analysis shows that 25% of Black families and 23% of Hispanic families pay over half of their monthly income on housing, compared to only 15% of White households.
“Since 1985, the average Wall Street bonus has increased 1,217%, from $13,970 to $184,000 in 2020.”
Our country’s productivity gains in recent decades should have translated into a minimum wage today of $24 an hour.
“Or are you on the side of the wealthy and the powerful who want to continue exploiting their workers and paying starvation wages?” -Bernie
Reduced annual expenditures on SNAP alone would range from $3.3 billion to $5.4 billion.
This is the second major increase in the minimum wage, which was raised by 16% in 2019.