Summers & Hubbard on a $15 Minimum Wage: Roundtable Responds

About This Source - Bloomberg Markets and Finance

Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Bloomberg Books #Ad

Recent from Bloomberg Markets and Finance:

  • Italy’s Mt. Etna Roars Back to Life With New Eruptions
  • U.S. Jobless Claims Fall, Durable Goods Orders Surge
  • Lifting the Lid on Commodities and Corruption
  • Bloomberg Markets and Finance published this video item, entitled “Summers & Hubbard on a $15 Minimum Wage: Roundtable Responds” – below is their description.

    Jan.22 — Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, says a gradual increase in the minimum wage would be ideal, but prefers a jump to $15 to inaction. Former Council of Economic Advisers Chairman Glenn Hubbard says raising the minimum wage is fine, but thinks an earned income tax credit would be better. They join David Westin on “Bloomberg Wall Street Week.”

    Bloomberg Markets and Finance YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Minimum wage

    Minimum wage is the concept, in some jurisdictions enshrined in law, that employees should earn a minimum amount per hour worked.

    3 Recent Items: Minimum wage

  • House Budget Committee Chair Yarmuth on Minimum Wage, Stimulus
  • The fight over minimum wage
  • WATCH LIVE: White House press briefing — 2/24/21
  • Leave a Comment