Tag Archives: Minimum Wage

A CEO Makes the Business Case for the American Stability Act

This is John Driscoll again. If you remember, I’m the Patriotic Millionaire who wrote to you a few weeks ago to give you a full rundown on the state of wages in America, and why there’s a strong business case for paying people higher wages. It’s been almost a week since Representative Summer Lee (PA-12) introduced the American Stability Act with the support of our organization and a (growing!) number of … Continue reading A CEO Makes the Business Case for the American Stability Act »

Pass the American Stability Act!

America is suffering from twin wage and tax crises, and today, the Patriotic Millionaires are excited to announce a bold, innovative solution we’ve worked on with our allies on the Hill! Today, with support from our organization and a number of cosponsors, Representative Summer Lee (PA-12) has introduced the American Stability Act, a landmark bill which will enact the largest wage increase and tax cut for … Continue reading Pass the American Stability Act! »

Bank of America is Showing that Higher Wages and Good Business Can Coexist

Bank of America just announced that it will increase its company-wide minimum wage in October to $24 an hour, one of the highest wage floors in the United States. This $1 increase from the company’s current wage floor is more than good news for BofA’s employees – it’s an extension of one of the longest streaks of wage growth at any major business in America, … Continue reading Bank of America is Showing that Higher Wages and Good Business Can Coexist »

The Business Case for Paying the People

My name is John Driscoll. I am a member of the Patriotic Millionaires and a Senior Advisor to Walgreens Boots Alliance and the EQT Group. Previously, I was the CEO of CareCentrix, Group President for New Markets at Medco, and Executive Vice President at Walker Digital. I have built my career helping develop and lead high growth companies in health care and technology. We normally … Continue reading The Business Case for Paying the People »

No Tax On Tips Isn’t Very Pro-Worker

Turns out, the biggest pro-worker piece of Donald Trump’s proposed economic agenda isn’t very pro-worker after all. On June 9, at a campaign rally in Las Vegas, Trump pledged to eliminate taxes on tipped income if he wins the White House again. It was a fitting pitch for the location, given that Nevada, a swing state in the upcoming election, has the highest concentration of tipped workers in the US. Since … Continue reading No Tax On Tips Isn’t Very Pro-Worker »

What’s behind America’s “vibecession”?

It’s the biggest political head-scratcher of the season: President Biden has gotten a lot of questions right on traditional economic tests, but voters refuse to give him passing marks. By all conventional measures, the economy under Biden has thrived. Since Biden took office, 15 million jobs have been created. Unemployment has been below 4% for two and a half years – the longest stretch in over fifty years. Inflation … Continue reading What’s behind America’s “vibecession”? »

All Roads Lead to Raleigh, Part II

Last week, our Closer Look explained how North Carolina found its way into the center of the political universe. Both Joe Biden and Donald Trump are campaigning hard in the state as its economy rapidly evolves with uneven results, huge demographic shifts are underway, and organized labor attempts to upend the South’s broken economic system. As we said, the Tar Heel state has become something of … Continue reading All Roads Lead to Raleigh, Part II »

All Roads Lead to Raleigh, Part I

If you weren’t paying close attention, you might have missed that North Carolina has quietly become the center of the political universe. While simultaneous international crises in Ukraine and Gaza have dominated headlines, here at home, several intersecting storylines have converged on the Tar Heel State and elevated it as the most important battleground in the upcoming election. The news cycle on all things North … Continue reading All Roads Lead to Raleigh, Part I »

The Solution to Biden’s Problems? The Minimum Wage

If President Biden and the Democrats are looking for a political winner as campaign season gets underway, they should look no further than the minimum wage. We shared the good news with you last week that 22 states and 38 localities across the country officially increased their minimum wages on January 1, which will give 10 million workers a total of $7 billion in increased wages. By the end … Continue reading The Solution to Biden’s Problems? The Minimum Wage »

The Year Ahead

Happy new year! We hope that you had a wonderful holiday season and that your new year has begun with notes of hope and joy. Like everyone else, the Patriotic Millionaires are using the start of a new year to take stock of our priorities and map out the challenges – and opportunities – we anticipate in the year ahead. For this week’s Closer Look, … Continue reading The Year Ahead »

Republicans’ Rap Sheet on Workers

Former President Donald Trump and seven other Republican presidential hopefuls will take to the stage tonight, albeit separate ones, to make the case to the American people that they can save the working class. But if past is prologue, we can be confident this collection of wanna-be-presidents won’t have much in the way of substance to offer. For this week’s Closer Look, we want to … Continue reading Republicans’ Rap Sheet on Workers »

Back to School for The New York Times

For huge swaths of the country, it’s Back to School week. But as schools open their doors and welcome students back, massive labor shortages are making it difficult to put teachers in classrooms, or even get students to school in the first place. And it’s no secret why: low pay has made it notoriously difficult for administrators to find educators and bus drivers. So it’s baffling that The New York … Continue reading Back to School for The New York Times »

There’s still work to do with wages

Workers in America have made some strides over the last few years, but unfortunately the road to real and lasting economic security remains long. With a debt ceiling crisis poised to potentially crash the global economy, and the Federal Reserve willing to push millions of Americans out of work to combat inflation, there’s a lot of work to be done to ensure that the gains of the last … Continue reading There’s still work to do with wages »

Give tipped workers raises, not roses, this Valentine’s Day

For most Americans, Valentine’s Day is a lighthearted holiday filled with roses, chocolates, and maybe even a few of Cupid’s arrows. But for the 12 million workers in America’s restaurant industry, February 14th is one of their busiest days of the year. If you are one of the millions of Americans going out to eat tonight, you may be interested to know how much – or, more accurately, how little – your … Continue reading Give tipped workers raises, not roses, this Valentine’s Day »

The Other NRA is Exploiting Workers

We’ve known for a long time that the National Restaurant Association (the “other” NRA) is an awful organization. As a representative of some of the biggest, most profitable, and often most exploitative businesses in the restaurant industry, the NRA has fought for years to keep the tipped minimum wage for restaurant workers as low as possible. Unfortunately, it’s been largely successful and has kept Congress … Continue reading The Other NRA is Exploiting Workers »

Florida’s Minimum Wage Is Not a Living Wage

There isn’t a single state in the country where an individual can afford a modest one-bedroom apartment at fair market rent on the current minimum wage. Not one. This shouldn’t be a surprise considering the increased cost of living over the years (inflation rates have jumped to 7.75% this year alone) and the stagnant federal minimum wage (which hasn’t been raised since 2009). But what … Continue reading Florida’s Minimum Wage Is Not a Living Wage »

Rep. Cuellar’s Labor Bill is Blatantly Anti-Worker

This week, the country’s most exploitative corporations are getting a big win from Representative Henry Cuellar, who once again proved his allegiance lies with corporate America after his introduction of one of the most appalling bills of the year: the Orwellian named H.R.8442 – Worker Flexibility and Choice Act. This bill, which would exempt huge swaths of the workforce from federal minimum wage and overtime … Continue reading Rep. Cuellar’s Labor Bill is Blatantly Anti-Worker »

13 years of $7.25 is shameful

In case you missed it, this past Sunday (July 24), the United States reached a sad anniversary. It has now been thirteen years since Congress last raised the federal minimum wage to $7.25. $7.25 was already inadequate back in 2009, but today it is downright deplorable. Here are some key facts to put Congress’s failure on this issue into perspective: A full-time minimum wage worker … Continue reading 13 years of $7.25 is shameful »

Understanding the Ableist Subminimum Wage During Disability Pride Month

Although many do not realize it, pride doesn’t end in June–it rolls right into July with Disability Pride month! With more than 61 million Americans living with a disability, and many more likely to develop some form of disability throughout their life, this month is desperately needed. Unfortunately, this significant minority is often overlooked by society and grossly discriminated against in the labor field. Workers … Continue reading Understanding the Ableist Subminimum Wage During Disability Pride Month »

Facing Inflation, Congress Must Raise the Minimum Wage

Nearly everyone is feeling the effects of inflation these days. With an 8.5% inflation rate over the last year, prices are rising in almost every sector of our economy, and millions of American families are having a harder time affording the essentials. While this is a widespread crisis, it’s one that is particularly devastating for our nation’s low-wage workers. The federal minimum wage currently sits … Continue reading Facing Inflation, Congress Must Raise the Minimum Wage »