Barack Obama and Joe Biden's Campaign Promise



Raising the Minimum Wage:

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    Barack Obama and Joe Biden believe that people who work full time should not live in poverty. The minimum wage hasn't been changed in nine years and has less purchasing power in real dollars than it did in 1955. Women are the largest group of beneficiaries from a minimum wage increase: 60 percent of the workers who would benefit from an increase to $7.25 are women. As President, Barack Obama would raise the minimum wage to $9.50 an hour by 2011, index it to inflation, and increase the Earned Income Tax Credit to make sure that full-time workers have a living wage.