All of which makes $15 an hour sound too high. Hardly. Over the last half-century, American workers have achieved productivity gains that can easily support a $15-an-hour minimum wage. In fact, if the minimum wage had kept pace over time with the average growth in productivity, it would be about $17 an hour. The problem is that the benefits of that growth have flowed increasingly to profits, shareholders and executives, not workers. The result has been bigger returns to capital, higher executive pay — and widening income inequality.

Today’s NYTimes editorial, Redefining the Minimum Wage

Reality check: 15 an hour is still a poverty wage in some large cities.

Between 1998-2001, I made 25 an hour when I worked in San Francisco and still never managed to be able to move there, and that’s a middle class income by anyone’s imagination and certainly enough for a single girl with no kids.

15 is still a poverty income. Anyone who thinks that raising the minimum wage is giving people a free ride into the middle class, is lacking perspective. 8 wasn’t even poverty. It wasn’t a living wage at all.

  [From the-mouse-singer]

(via cunicular)