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Makes sense, cause by the time it gets through, $50/hr would be about right.
Needs to be pinned to the cost of living, and raised annually.
My wife and I make about that each and we're very comfortable. Just 15 years ago I was living out of my car and now I'm at a point where money is barely an issue. Everyone should have this level of security. Scraping by I was having constant panic attacks about not having enough money to meet my basic needs.
Glad to hear you were able to make it out!
If conservatives (little "c") want to go back to a time when people could buy a house and support a family of four on a single income, this is the only way to get there.
Critical that it is tied to inflation. Otherwise the system will just rebalance via price to protect profits. That has to be stopped. They have to give all of us a larger share.
Needs to be pinned to local cost of living, defined at the federal level and applied to each state individually.
This would then enable the state legislature to fight for the state with the lowest minimum wage by combatting the rent seekers who cause high costs of living.