On the recordOctober 21, 2004
But in terms of purchasing power, the minimum wage is at the lowest that it's been in 50 years. How dare this administration tell Americans this is the best economy of our lifetime?
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transcripts.cnn.comJohn Kerry: “But in terms of purchasing power, the minimum wage is at the lowest that it's been in 50 years. How dare this…”
Editor's note · Context
Kerry criticizes the administration's claim about the economy in relation to minimum wage.
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Jul 12, 2023
the U.N. Finance Analysis suggests that it will cost trillions of dollars. Maybe $2.5 to $4.5 trillion a year between now and 2050.
Jul 12, 2023
There is no current proposal or plan that has been agreed to which would require us to do that.
Jul 12, 2023
the only way to achieve that goal is by coming together in a multinational basis.
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