Seventy-Cent Min Wage Boost Makes a Difference
by Craig Jennings, 8/23/2007
Because of the copious amount of media attention the July 23rd minimum wage hike has received, it's possible you missed - what we here at the Budget Blog consider the best reporting on the subject to date - The Onion's coverage:
WASHINGTON, DC—Two weeks after the hourly federal minimum wage was raised from $5.15 to $5.85, families across the country were still celebrating the historic increase by running their electric fans, buying coveted half-gallons of milk, and, like Charice Williams of Shreveport, LA, purchasing name-brand ketchup to share with loved ones.
"I can't remember the last time I could afford Hunt's," said the 41-year-old mother of six, who for more than a decade has purchased ValuTime ketchup to garnish everything from Hamburger Helper to Tuna Helper. "Another couple dozen wage increases like this, and we'll be practically swimming in Heinz. Or at least my grandchildren will."
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In Utica, NY, hotel maid Ernestine Caldwell has constantly worried about her husband's medical expenses since he was diagnosed with Alzheimer's disease earlier this year and forced to quit his job. But now that she'll be earning nearly $12,000 a year, Caldwell, 62, said she'll be able to pay off 1/64th of his medical expenses and finally start planning for her retirement by investing in higher-yield scratch-ticket games offered by the New York Lottery.
"For years, I've had to play 'Loose Change' or 'Straight 8's' while the $20 'Win for Life Spectacular' game has been out of reach," Caldwell said. "With this added income, though, I'll really be able to take advantage of all 15 ways to win. My husband deserves the best possible care."
Read more of the finest reporting on the minimum wage increase.
