On the recordFebruary 9, 1995
The same old story still applies: The harder working Americans work the farther they fall behind. That is why it is so important to raise the minimum wage to a decent level. The Republican response to this problem is to argue that trickle down proposals will create better paying jobs. But corporate welfare does not lift all boats equally. Business Week has pointed this out in an article called ``Plumper Profits, Skimpier Paychecks.'' According to this article, only 81 percent of corporate incomes go to salaries and benefits, The lowest since 1969. Corporate America needs to adopt a new social contract with its workers, and so does the Republican Party. The first step is to support a fair and livable wage for all Americans.
Source
govinfo.gov
