Sanders Calls for Minimum Wage to Be Raised to at Least $17 an Hour

By: Sharon Zhang; truthout

Because of inflation, fighting for a $15 an hour minimum wage is no longer enough, Sanders said.

In his new role as the chair of the powerful Senate Health, Education, Labor and Pensions (HELP) Committee, Bernie Sanders (I-Vermont) is calling for the minimum wage to be raised for the first time in nearly 14 years, saying that the old benchmark of $15 an hour is no longer enough.

Onย MSNBCย on Sunday, Sanders said that it is time for the federal minimum wage to be raised to at least $17 an hour, if not more. This would be nearly 2.5 times the current federal minimum wage of $7.25 an hour, which was set in 2009.

โ€œA couple of years ago, we fought to raise the minimum wage to $15. As a result of inflation, in real dollars, that should be at least $17 right now,โ€ Sanders toldย MSNBCโ€™s Ali Velshi.

โ€œHereโ€™s the bottom line: youโ€™ve got over 60 percent of the people in this country living paycheck to paycheck, tens of millions are working at starvation wages,โ€ he continued. โ€œIt is not too much to ask the wealthiest country on Earth where we have massive income and wealth inequality, people on top doing phenomenally well, to say that in America, if youโ€™re working 40 hours a week, youโ€™re not living in poverty.โ€

In 2021,ย Sanders and progressive lawmakersย fought to have a provision increasing the minimum wage to $15 an hour included in the Democratsโ€™ budget reconciliation bill. But the provision was dropped from the package due to uniform opposition from Republicans and figures like Senators Joe Manchin (D-West Virginia) and Kyrsten Sinema (I-Arizona), and unwillingness fromย Democrats to overruleย the Senate parliamentarian who ruled that the minimum wage wasnโ€™t sufficiently related to the federal budget.

Because of extremely high inflation rates over the past year, $15 is about equivalent to $17 now. In fact, $15 an hour was already insufficient in 2021, many activists said; workers have been waging the โ€œFight for $15โ€ since 2012, and researchย done in 2021ย by the National Low Income Housing Coalition (NLIHC) found that a worker making $15 an hour working 40 hours a week wouldnโ€™t be able to afford to rent an average two bedroom apartment in any state in the U.S.

If the minimum wage had risen with productivity in past decades, perhaps better reflecting workersโ€™ contributions to the economy, the minimum wage would be over $23 now,ย economists say. If it had risen at the same rate that Wall Street employee bonuses have risen since the 1980s, meanwhile,ย it would beย $61.75 per hour.

โ€œThe price of housing has soared in recent years. If youโ€™re an average worker, my god, youโ€™re paying $1,500ย a monthย to put a roof over your head and your childโ€™s head,โ€ Sanders said. โ€œThe bottom line is โ€” this is not complicated โ€” youโ€™ve got an economy right now that is doing great, fantastic, for the 1 percent. How about creating an economy that works for ordinary Americans? That means you raise the minimum wage to a living wage.โ€

With Congress dragging its feet on raising the minimum wage, the current value of the minimum wage is extremely low. Theย Economic Policy Institute (EPI) found last Julyย that the value of the federal minimum wage has declined by 27 percent since it was established in 2009, reaching its lowest point since 1956. This has an effect not only on workers who are paid minimum wage, but alsoย across the economy, as the value of the minimum wageย has ripple effectsย across workers whose wages arenโ€™t directly dependent on the federal threshold.

Itโ€™s unlikely that Republicans will pass legislation to raise the minimum wage any time soon, as the party isย currently working on plansย to putย even less moneyย in the hands of the working class. In this moment, however, Sanders said that it is important for Democrats to introduce legislation that puts on display the cruelties of the Republican agenda.

Though House Republicans are discussing cutting Social Security, Sanders told Velshi that he plans toย introduce legislation this week that wouldย increase Social Security paymentsย by ensuringย that the wealthiest Americans pay a share of their incomes that is equivalent to what the rest of the country pays into the program.

โ€œI think our job in the Senate is to put concrete ideas on the table that the American people will say, โ€˜yeah, we should raise minimum wage. Yes, we should raise the benefits for low income seniors and improve the solvency of Social Security,โ€™โ€ Sanders said. โ€œI think if we do our job, people will see the contrast between serious legislating and what goes on in the House.โ€