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Union Jack: Minimal progress on the minimum wage
Back in 2008, when incoming President Barack Obama still seemed to incarnate progressive aspirations for a wide-reaching wave of social and economic reforms, he spoke about a very basic policy move to improve the lives of the working poor: an increase in the federal minimum wage. As part of the “Obama-Biden Plan” to tackle poverty—which noted that the former Illinois Senator was a “lifelong advocate for the poor”—the President-elect promised to raise the minimum wage to $9.50 an hour by 2011, and index it to inflation.