Democratic House Minority Leader Nancy Pelosi said that recent Wall Street gains mean one sure thing: The minimum wage should be hike to $10.10 per hour.
“This week, we saw something quite remarkable — the stock marking soaring to record heights,” she said, Raw Story reported. “At the same time, we see productivity keeping pact. But we don’t see income for America’s middle class rising. In fact, it’s been about the same as since the end of the Clinton years.”
So, she suggests, why not raise the current minimum wage from $7.25 per hour to $10.10 per hour — even more than the $9 per hour proposed by the president?