Protesting workers this week will demand $15 an hour on grounds that cutbacks in hours, constantly changing schedules, and lack of benefits like health care, paid sick leave, and vacation make it impossible to have a decent standard of living. They are also battling the perception that such entry-level jobs are the preserve of teenagers and the poorly educated. Workers' average age, according to federal labor figures, is 29, and 25% of this group has completed some college courses.
Colbert skewered the site for listing only $20 a month for health insurance and, initially, no amount for heating costs. (It has since budgeted $50 a month for heat.)

http://management.fortune.cnn.com/20...source=cnn_bin


It's a decent enough website with common sense tips for budgeting, but it's set up for teenagers looking for temp PT work (not their typical employee). Besides being unrealistic, it appears to be designed by the Financial Services company they link to for a "free" consultation (and $100 discount off their Financial Plan).



On the other side of the debate are ECONOMISTS IN SUPPORT OF A $10.50 U.S. MINIMUM WAGE:

http://www.peri.umass.edu/fileadmin/...on_website.pdf

McDonald's, the economists concluded, could offset half the cost of a $3.25 hourly wage hike by raising the price of each Big Mac by .05 cents.


I think a national $10.50/hour minimum wage is reasonable, overdue, and necessary. $15 might be a stretch at this time, especially with our dysfunctional congress. What do you think?