[Steve's note: Slightly dated (6months) but worth reviewing as we come close
to the USAian holiday of Thanksgiving.]
http://www.americanprogress.org/issues/2007/07/min_wage.html
The lives of 13 million people are going to get a little easier today.
They're the American workers whose earnings will get a boost as the
federal minimum wage increases 70 cents today, from $5.15 per hour to
$5.85 per hour. The wage will increase an additional 70 cents over the
next two years, reaching $7.25 in 2009.
As the chart below shows, today's minimum wage increase will offer a
bit of welcome relief to working families who depend on earnings from
minimum-wage jobs. Costs of basic necessities such as food,
electricity, and gasoline have increased markedly between 1997—the
last time the federal minimum wage went up—and today.
[This text taken from the website]
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