This upcoming Tuesday, July 24th will mark the three-year anniversary of the last increase in the federal minimum wage. Since that last increase, the prices of basic goods such as milk, gas, and college tuition have climbed steadily, but the federal minimum wage remains stuck at $7.25 an hour.
That amounts to just over $15,000 a year for a full-time worker, a total yearly salary that comes in at more than $7,000 below the federal poverty line for a family of four.
On MSNBC's The Ed Show yesterday, host Ed Schultz discussed the ongoing fight for a living wage; mentioning the email SEIU President Mary Kay Henry sent out to activists yesterday and the 99 Uniting petition in support of raising the minimum wage.
Watch The Ed Show clip below:
Watch the full clip here.
Join Us: National Day of Action to Raise the Minimum Wage
Although the federal minimum wage hasn't kept up with inflation, CEO pay has increased 725% over the last 30 years and 80% of all real income growth has gone to the richest 1% of Americans.
We have some serious catching up to do if we're going to make our country a place where people who work for a living can actually live off those wages and support their families.
Become a part of the fight for a raise for America's workers by signing the petition to tell your representative to co-sponsor the Fair Minimum Wage Act of 2012. We'll deliver them to our country's elected officials on July 24.
Click here to find out where July 24th events will be happening across the country.