Today's Highlights | February 19, 2014

Wednesday, February 19, 2014

Protesters rally outside of a Wendy's in support of raising fast food wages from $7.25 per hour to $15.00 per hour on December 5, 2013 in the Brooklyn borough of New York City. (Andrew Burton/Getty)

Also on Today's Show

Begins at 21:20: A new report out by the Congressional Budget Office shows that increasing the federal minimum wage would mean an increase in family income but also the elimination of some low-wage jobs. Charlie Herman, Business and Economics Editor for WNYC, explains.

Begins at 25:23: The top five in the world sounds pretty impressive everywhere from academics, to wealth or life expectancy. It's impressive everywhere except the Olympics. What is it like for an Olympic athlete to finish in fourth place? Tamara McKinney, an alpine skier who took fourth place in the 1984 Winter Olynpics, weighs in.

 

Guests:

Charlie Herman and Tamara McKinney

Editors:

T.J. Raphael

Comments [1]

Eddie from Seattle, WA

Can some expert comment on the impact the proposed minimum wage increase will have on inflation? In my humble opinion, the current low inflation rate is a key factor contributing to the current "recovery". Higher inflation will happens, the question is when.
Will all these recent policies changes (higher interest rate, Obama care, just to name two)have a positive or negative impact in narrowing the gap?
If everyone who is being paid the minimum wage can have a discount for "living essentials" such as housing,food,transport and clothing.
Discount can be in the form of tax credits or pass on to the businesses.
Passing it on to the businesses will be more effective in narrowing the rich-poor gap.

Feb. 19 2014 01:18 PM

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