Let me get this straight...

"The federal minimum wage of $7.25, adjusted for inflation, is $2.75 lower than it was in 1968 when worker productivity was about half of what it is today. There has been a steady decline in real wages for low-income workers. Meanwhile, corporations such as Wal-Mart and McDonald’s, whose workforce earns the minimum wage or slightly above it, have enjoyed massive profits. Executive salaries, along with prices, have soared even as worker salaries have stagnated or declined. But the call to raise the minimum wage is not only a matter of economic justice. The infusion of tens of billions of dollars into the hands of the working class would increase tax revenue, open up new jobs and lift consumer spending."