Minimum wage debate: Is the 'Fight for 15' outdated?
Can we move to a $20 living wage? Is the “Fight for 15” outdated? Is $15 an hour a livable wage to raise a family? Pulitzer Prize-winning business journalist and author Rick Wartzman says wages need a big boost and that $20 per hour should be the floor, not the aspiration.
Roughly one-third of the country lives in precarious circumstances financially, Wartzman says. And because frontline workers have been paid so poorly for the past 50 years, the government needs to step in and mandate a $20 minimum wage. Wartzman comes to this conclusion after taking a deep dive into the nation’s biggest employer: Wal-Mart.
Here & Now‘s Scott Tong talks with Wartzman, author of “Still Broke: Walmart’s Remarkable Transformation and the Limits of Socially Conscious Capitalism.”
In 2016, as Walmart raised
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