Economy

A minimum wage increase can help but won’t fix American workers’ stagnant pay

Corporate consolidation and the decline of unions mean that employers have no incentive to raise wages, even in a worker shortage.

Source: A minimum wage increase can help but won’t fix American workers’ stagnant pay

Raising the minimum wage will help but more is needed to strengthen our economy for working families. What employers have done with mergers and non-compete clauses in employee contracts is to break the model in which they have to compete for labor. Breaking up monopolies and ensuring that companies can’t collude to keep employees’ wages and benefits down would seriously help working families and turn around stagnant wages.

As your Representative I will work to level the playing field for all of our businesses and the working families that support them.