California college graduates and students to benefit from minimum wage increase

Miguel Cortez, a teacher’s assistant in Northridge, California, is looking forward to July 1st, 2014. Not because of school being out, but because California’s minimum wage will increase from $8 an hour to $9. A recent grad of California State

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Posted in Higher Education, Minimum Wage

Federal minimum wage increase supported by business leaders, backed by economists

Recently, Costco President and CEO Craig Jelinek joined other business owners in support of a proposal that would gradually raise the federal minimum wage to $10.10/hour and peg future increases to inflation, much like we do here in Washington state.

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Posted in Minimum Wage

The New York Times gets it right on Social Security

This Saturday, the New York Times editorial board took a hard look at a recently proposed cut to Social Security: using a “chained” CPI (Consumer Price Index) to calculate cost-of-living adjustments. What’s the chained CPI – and why does it

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Posted in Retirement Security, Social Security
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