Politics / ArcaMax

Obama, in Milwaukee, makes case for higher minimum wage

MILWAUKEE -- President Barack Obama came to Milwaukee on Monday to talk up an improving economy and to push Congress to boost the minimum wage. "If you work full-time you shouldn't be living in poverty," Obama said as he called once again for Congress to raise the minimum wage from $7.25 to $10.10 an hour. Obama noted that 13 states and Washington, D.C., had raised their minimum wage. "The states where the minimum wage has gone up this year have higher job growth than the states that didn't raise the minimum wage," he said. "There is no denying a simple truth: America deserves a raise." Even though Obama's visit was official, the appearance at Milwaukee's annual Laborfest, it was ...

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How corporate share buybacks cheat America

Here's a depressing statistic: Last year, U.S. companies spent a whopping $598 billion -- not to develop new technologies, open new markets or to hire new workers but to buy up their own ...

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