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We've had a lot of discussion here on MNB about the federal minimum wage and whether it ought to be increased, and so it seemed timely when National Public Radio reported the other day that while it has been eight years since the federal minimum was increased to $7.75 an hour, local government are moving ahead on their own.

According to the Marketplace story, "Last November, residents of four states — Arizona, Colorado, Maine and Washington — voted to increase the minimum wage in their states. So far, ten states have used ballot initiatives to raise their minimum wage. Another 19 states — plus the District of Columbia — raised their minimum wage via legislation and constitutional amendments. Just five states have no state minimum wage on the books and so rely on the federal minimum wage. Another 16 states have kept their minimum wage the same as the federal minimum wage."

And, "it’s not just blue states that have increased their minimum wage, either. During the 2014 midterm elections, Alaska, Arkansas, Nebraska and Dakota — all of which tend to vote Republican — voted in favor of minimum wage increases."
KC's View:
I have no problem conceptually with the states taking control of this. After all, the minimum wage in New York City or San Francisco absolutely ought to be higher than it is in Norfolk, Nebraska or Buford, Wyoming.

But ... the idea that the minimum wage has not been increased since George W. Bush was in office seems wrong to me ... especially since average executive pay has more than doubled during that same time period; CEOs now make something like 276 times the amount of typical workers, a way higher ration than in the past.