Politician and author Ralph Nader is not shocked by recent headlines about unemployment and a shrinking American middle class. In fact, Nader recently visited The Michael Smerconish Program to discuss his new book Unstoppable, when he provided a few choice words about how the current minimum wage is hurting the American people.
“There’s been a declining household income spiral since 1973, which was the highest real wage for 80 percent of American workers,” Nader said. “There’s a big left-right public opinion support – it runs between 70 and 80 percent – to restore the minimum wage to be what it was in 1968, which would be just under $11 an hour. The federal minimum wage now is $7.25… This is a serious drain on consumer demand. It feeds the perpetuation of our recession.”
Nader will be joining Ari Rabin-Havt tomorrow on The Agenda, where he will discuss his favorite politicians and the power of the people. Check out a sneak peek below!
“In the ’60s when [senators] were heavily under the corporate thumb, the rumble from the people back home, the marches, demonstrations, civil rights movements, women’s movements, consumer environment… low and behold, we had corporate senators become some of the greatest champions of consumers and other forms of justice in American history because they’ve got their finger to the wind,” Nader said. “So we’ve got to give them rumble from the people to begin with.”
Ralph Nader, author of the new book Unstoppable: The Emerging Left-Right Alliance to Dismantle the Corporate State, will join Ari Rabin-Havt on The Agenda Thursday, April 24 at 7 am ET to talk about his book, GM, the minimum wage, his favorite politicians, and much more.
For the full interview, tune in to The Agenda on SiriusXM Progress 127, or visit http://www.siriusxm.com/ondemand after the show.