Despite Democrats' inability to add a federal minimum wage hike to the latest COVID relief bill, the American Rescue Plan, lawmakers say they have not given up in hiking the $7.25 an hour wage floor. But the proposal to hike the minimum to $15 an hour is not the solution — it is too broad and generalized to solve our country's collective financial insecurity. We are, once again, taking the easiest, most universally understood policy solution, rather than the right one…
A higher federal minimum wage is not sufficient. It is time for companies to share profits with workers.