Jesse Jackson, Jr: Raising Minimum Wage Will Boost Economic Growth

Rep. Jesse Jackson, Jr. D-III introduces new legislation to increase aggregate demand, in order to raise minimum wage to $10 an hour.

Rep. Jesse Jackson, Jr. D-III introduced the “Catching Up To 1968 Act of 2012″ Wednesday to raise the minimum wage to $10 an hour.

According to Jackson, “The bill will affect more than 30 million workers and give the economy an immediate boost by significantly increasing the economy’s number one problem…aggregate demand.”

 

Tags: , ,

About TRNS Washington Desk

View all posts by TRNS Washington Desk
TRNS Washington Desk
News updates from on and around Capitol Hill.

LISTEN: The World in Two Minutes – August 29, 2014

The World in 2:00

David Cameron warns of terror risks in the U.K., Malaysia Airlines axes 6,000 jobs, and severe drought from California to Central America.

You Don’t Know What ‘Libertarian’ Means

Don’t ask a libertarian, because most of them don’t know.

UK Raises Terror Threat Level Over ISIS, U.S. Declines

The U.S. Department of Homeland Security and the FBI are unaware of any specific, credible threat to the U.S. homeland,” Jeh Johnson said.

The Soviet Union Folds, Hurricane Katrina Splashes Down And the Air Force Loses Six Nukes

Here’s what happened today in American political history.

Click here for: Friday, August 29

● Poll: Obama foreign policy isn’t tough enough

● Millipede invasion is blocked at border

● Cable boxes go on a power diet

● Suit targets tuition breaks for illegal aliens

● New profile of the 113th Congress

● Labor official stole union funds

Obama: No Plan On Fighting Islamic State

President Barack Obama speaks to reporters from the White House Briefing Room, Aug. 28, 2014. Photo by James Cullum

“We don’t have a strategy yet,” Obama said.