MSNBC’s Morning Joe: Raising the Minimum Wage

In light of New York Governor Andrew Cuomo’s recent proposal to raise minimum wage for fast-food workers to $15 an hour, Steven Rattner joined Morning Joe to discuss the politics of the minimum wage and how it has not kept pace with inflation. For charts, click here.

Mika: What is a job if it pays $7.25 an hour?

Morning Joe economic analyst Steve Rattner returns to the show with charts on income inequality. Rattner shows that the real minimum wage has been in decline since it peaked in 1968.

In light of New York Governor Andrew Cuomo’s recent proposal to raise minimum wage for fast-food workers to $15 an hour, Steven Rattner joined Morning Joe to discuss the politics of the minimum wage and how it has not kept pace with inflation.

Book

“[a] surprisingly modest account…Rattner has a journalistic talent for the telling detail, resulting in a memorable tale of life in the middle of the economic meltdown...Rattner deftly draws portraits of the inhabitants of "the Oval" and the West Wing...Rattner has proved himself a gifted chronicler.”
-Time Magazine

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