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OP-ED: We Need a “Living Wage,” Higher Minimum Wage, and Lower Taxes on Small Business

By Peter Mathews | The Long Beach City Council recently voted for a “Living Wage” of $13.26 per hour for Long Beach Airport and Convention Center workers, including their retail workers. Since 1973, the top 1% of the population has captured over 70% of the new income. Since 2009, the top 1% has captured 93% of the new income generated. Since 1973, the rich have gotten richer, the poor have gotten poorer, and the American middle class has shrunk by 10%.