Closing the Income Inequality Gap

Today’s post was shared by US Labor Department and comes from social.dol.gov

Editor’s note: The following guest post is authored by San Francisco Mayor Edwin Lee. Join the conversation about this issue on Twitter using #RaiseTheWage.

San Francisco Mayor Ed Lee
San Francisco Mayor Ed Lee

San Francisco is the most progressive city in America when it comes to addressing income inequality. And we will continue to make sure San Francisco remains a city affordable to the 100 percent.

President Obama understands that income inequality remains one of the great challenges of our time, and I’ve supported his efforts to raise the national minimum wage to $10.10 an hour. There is no better time than right now to take action. As jobs and confidence are coming back, we must make sure that the residents in our cities are not left behind in the economic recovery.

Last week in my city, legislators, business leaders, labor unions and workers’ rights representatives joined me to introduce a fair and responsible consensus measure for the November 2014 ballot that will significantly raise San Francisco’s minimum wage. The rising cost of living is putting a financial squeeze on our city’s hardest working families, and this is a measure that will help them make ends meet. It’s the right thing to do.

We have taken up the president’s call to address income inequality at the local level – not just in my city, but in other cities across the nation. But we cannot leave anyone behind. That’s why I’ve introduced a resolution to be…

[Click here to see the rest of this post]