FEDERAL MINIMUM WAGE

 Went up to $5.85 on July 24, 2007, the first increase since September  Self-Sufficiency Wage in 2007 –Brown County: $12.89

MILLIONS WHO LIVE ABOVE THE POVERTY LINE CANNOT AFFORD HEALTH CARE, FOOD, TRANSPORTATION, AND OTHER BASIC EXPENSES. OFFICIAL POVERTY LINES ARE THUS SET TOO LOW: $10,400 FOR A SINGLE PERSON, $21,200 FOR A FAMILY OF FOUR.

NOTE: IF ONE EARNED A SELF- SUFFICIENCY WAGE IN BROWN COUNTY ($12.89 PER HOUR), S/HE WOULD EARN $26,811 ANNUALLY: THAT IS, $5,611 OVER THE FEDERAL POVERTY GUIDELINE

THE ECONOMIC POLICY INSTITUTE’S BASIC FAMILY BUDGET CALCULATOR SAYS THE NATIONAL MEDIAN BASIC NEEDS BUDGET (INCLUDING TAXES AND TAX CREDITS) FOR A TWO-PARENT, TWO- CHILD FAMILY WAS $39,984 IN 2004 (OR $38,136 IN NEW ORLEANS, OR $33,636 IN BILOXI, MISSISSIPPI). BASIC FAMILY BUDGET CALCULATOR BASIC FAMILY BUDGET CALCULATOR

FAMILY OF FOUR EXPENSES based on earnings of $9.92 per hour or $ per month (22 workdays)  Deductions of 15%: $  Rent: $  Child Care:$  Transportation:$  Utilities:$  Remainder:$ What’s Missing? What’s Missing?

NOTE: 1 IN 10 AMERICAN WORKERS BENEFITTED FROM 2007 MINIMUM WAGE INCREASE

Combined, “Forbes 400” (wealthiest 400 people in the country) wealth totaled more than $1.1 trillion – an amount greater than the gross domestic product of Spain or Canada, the world’s 8 th and 9 th largest economies.