GUEST COMMENTARY: Raising minimum wage important for economic recovery

Friday, November 26, 2010 | 12:01 a.m. CST

When he was campaigning in 2008, President Barack Obama promised to raise the federal minimum wage, declaring "people who work full-time should not live in poverty." Obama proposed raising it to $9.50 by 2011. That would merely adjust the minimum wage for inflation and restore its 1968 purchasing power.

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