Photo: #U.S. Sen. Edward Kennedy (D-MA) speaks during a news conference on raising the minimum wage July 12, 2006 on Capitol Hill in Washington, DC. The Democrats said they will block a Congressional pay raise until the minimum wage is raised to $7.25.
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U.S. Sen. Edward Kennedy (D-MA) speaks during a news conference on raising the minimum wage July 12, 2006 on Capitol Hill in Washington, DC. The Democrats said they will block a Congressional pay raise until the minimum wage is raised to $7.25. (Alex Wong/Getty Images)

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Pros and cons of a higher basic wage

Broadcast: Midmorning, 07/26/2006, 9:06 a.m.

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Would a higher minimum wage help or hurt the economy? Midmorning has two takes on an issue the Democrats hope to use to win elections in the fall.

Guests

  • Robert Reich: Labor secretary under Bill Clinton. He's currently a professor of public policy at the University of California at Berkeley.
  • Rea Hederman: Senior policy analyst at The Heritage Foundation.

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