Dwindling tools to raise wages, By Eduardo Porter, December 10, 2013, New York Times: “Senator Ted Kennedy once called the minimum wage ‘one of the best’ tools for fighting poverty. But the fact is, the minimum wage’s anti-poverty powers have been declining steadily for decades. In the late 1960s, a full-time job at minimum wage could almost lift a family of four above the poverty line. By the late ’80s, it left them 40 percent below it. That is about where things stand today…”
Poverty-related issues in the news, from the Institute for Research on Poverty