The act would incrementally raise the minimum wage that large employers are required to pay employees to avoid fees.
If progressives work together, mobilize and keep the faith in the face of cynicism and weary resignation, our "metanarrative" could have a different - and happy - ending.
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Simon Johnson, former chief economist of the International Monetary Fund, is a professor at the MIT Sloan School of Management, a senior fellow at the Peterson Institute for International Economics, and a member of the CBO’s Panel of Economic Advisers. He is a co-founder of The Baseline Scenario.