More of this: Increasing minimum wage, job growth, defense cuts

[ProSense]

1.4 Million Workers To Benefit From Minimum Wage Increase In 2012
http://thinkprogress.org/economy/2011/12/21/394180/millions-workers-minimum-wage/

Pres. Obama to provide minimum wage, overtime protections for nearly 2 million in-home care workers
http://www.whitehouse.gov/the-press-office/2011/12/15/we-can-t-wait-president-obama-will-announce-administrative-action-provid

Unemployment rate falls to 8.5 pct., hiring surges
http://finance.yahoo.com/news/unemployment-rate-falls-8-5-140336271.html

Obama Puts His Stamp on Strategy for a Leaner Military
http://www.nytimes.com/2012/01/06/us/obama-at-pentagon-to-outline-cuts-and-strategic-shifts.html

Seven Economic Policy Goals For Progressives In 2012
http://thinkprogress.org/economy/2012/01/01/396028/seven-economic-policy-goals-for-progressives-in-2012/

Policy is moving in the right direction. The administration should build on this momentum in a big way.

[rfranklin]

1. If we increased the minimum wage by 50% right now, the recession would be over...

You would have higher tax revenues and vastly increased consumer spending.

[ProSense]

2. Exactly.

An increase to $10 an hour would have a huge impact. Frankly, I think it should be $12.

[Scurrilous]

3. K & R

[SammyWinstonJack]

4. It would actually take a minimum wage of about $9.92 today to match

the buying power of the minimum wage in 1968.

[ProSense]

5. Yes, the minimum should be at least $10. n/t