Nearly 2 Million Veterans Would Benefit From Raising The Federal Minimum Wage

Transition
Veterans line up to enjoy refreshments at the ‘Stand Up for Veterans’ event at the Glendale Community College, Ariz., Sept. 23, 2017. The Stand Up for Veterans event raised awareness of benefits and services available to veterans and service members.
Photo via DoD

Nearly 2 million U.S. military veterans would benefit from raising the federal minimum wage to $15 per hour.


Approximately 1.8 million of the 9 million veterans in payroll jobs across the U.S. would get a raise if Congress raised the federal minimum wage to $15 per hour by 2024, the liberal-leaning Economic Policy Institute determined in an analysis on the Raise the Wage Act of 2017 in honor of Veterans Day.

Nearly two-thirds of the veterans who would get the raise are age 40 or older, over 60 percent have some college experience, and nearly 70 percent work full time, the EPI found.

"This means that despite their service to the country, the intensive training that they have received, and the access to additional education provided to veterans through the GI Bill, 1 out of every 5 veterans is still being paid so little that they stand to benefit from raising the minimum wage," the Economic Policy Institute's David Cooper and Dan Essrow wrote.

Related: Military Personnel Set To Receive Biggest Pay Raise In 8 Years »

The debate over raising the federal minimum wage has heated up over the past few years. Those against raising it argue that a higher minimum wage could lead businesses to raise their prices or to cut jobs and benefits in an attempt to offset the cost.

Those in favor of raising it, on the other hand, argue that raising the minimum wage above the current $7.25 per hour federal standard would improve living standards, and would enable consumers to spend more. That increased spending would then give a nice, healthy boost to an economy that still shows some slack several years after the Great Recession.

The current federal minimum wage is at $7.25 per hour. Parts of the country have raised their minimum wages above that, including a number of states and major cities like Seattle, Washington and Los Angeles, California.

Related: The US Should Offer Millennials 1-Year Enlistments To Test Out Military Service »

The Raise the Wage Act of 2017 was introduced by Sens. Bernie Sanders and Patty Murray, and Reps. Bobby Scott and Keith Ellison back in April. It would incrementally raise the minimum wage to $15 per hour by 2024, and starting in 2025 it would be "indexed" to median wages so that each year the minimum wage would be adjusted based on the growth in median earnings. It would also increase the subminimum wage for tipped workers (which has been at $2.31 per hour since 1991) and phase out the youth minimum wage and the subminimum wage for workers with disabilities.

The real federal minimum wage peaked back in 1968 at $8.54 in 2014 dollars, according to an analysis by the Pew Research Center. The chart below from Pew compares the real (adjusted for inflation to 2014 dollars) federal minimum wage to the nominal (non-inflation adjusted) federal minimum wage since 1939.

Chat via Pew Research Center

A study from The Economist in 2015 found that "one would expect America... to pay a minimum wage around $12 an hour" based on how rich the country is and the pattern among other developed economies in the  Organization for Economic Cooperation and Development (OECD) .

More from Business Insider:

WATCH NEXT:

Nothing says joint force battle management like a ride-sharing app. (Task & Purpose photo illustration)

The Air Force's top general says one of the designers of the ride-sharing app Uber is helping the branch build a new data-sharing network that the Air Force hopes will help service branches work together to detect and destroy targets.

The network, which the Air Force is calling the advanced battle management system (ABMS), would function a bit like the artificial intelligence construct Cortana from Halo, who identifies enemy ships and the nearest assets to destroy them at machine speed, so all the fleshy humans need to do is give a nod of approval before resuming their pipe-smoking.

Read More
The newly painted F-15 Eagle flagship, dubbed the Heritage Jet, was painted to honor 1st Lt. David Kingsley, the namesake for Kingsley Field, and his ultimate sacrifice. (U.S. Air National Guard/Senior Master Sgt. Jennifer Shirar)

An F-15C Eagle is sporting a badass World War II-era paint job in honor of a fallen bomber pilot who gave everything to ensure his men survived a deadly battle.

Read More
The wreckage of a U.S. Air Force E-11A Battlefield Airborne Communications Node aircraft is seen after a crash in Deh Yak district of Ghazni province, Afghanistan on January 27, 2020 (Reuters photo)

A U.S. E-11A Battlefield Airborne Communications Node aircraft crashed on Monday on Afghanistan, Air Force Chief of Staff Gen. David Goldfein has confirmed.

Read More
In this June 7, 2009 file photo Los Angeles Lakers guard Kobe Bryant (24) points to a player behind him after making a basket in the closing seconds against the Orlando Magic in Game 2 of the NBA basketball finals in Los Angeles. Bryant, the 18-time NBA All-Star who won five championships and became one of the greatest basketball players of his generation during a 20-year career with the Los Angeles Lakers, died in a helicopter crash Sunday, Jan. 26, 2020. He was 41. (Associated Press/Mark J. Terrill)

Beloved basketball legend Kobe Bryant, his daughter, and seven other people were killed in a helicopter crash in Calabasas, California on Sunday. Two days earlier, Army Spc. Antonio I. Moore was killed during a vehicle rollover accident while conducting route clearing operations in Syria.

Which one more deserves your grief and mourning? According to Maj. Gen. John R. Evans, commander of the U.S. Army Cadet Command, you only have enough energy for one.

Read More
Jessica Purcell of St. Petersburg, a captain in the Army Reserve, was pregnant with son Jameson when she was told at a MacDill Air Force Base clinic not to worry about lumps under her arm. She now is diagnosed stage 4 cancer. Jameson is 10 months old. (Tampa Bay Times/Scott Keeler via Tribune News Service)

Jessica Purcell, a captain in the U.S. Army Reserve, was pregnant with her first child when she noticed a swollen lymph node in her left underarm.

Health-care providers at a MacDill Air Force Base clinic told her it was likely an infection or something related to pregnancy hormones. The following year they determined the issue had resolved itself.

It hadn't. A doctor off base found a large mass in her underarm and gave her a shocking diagnosis: stage 2 breast cancer.

Purcell was pregnant again. Her daughter had just turned 1. She was 35. And she had no right to sue for malpractice.

A 1950 Supreme Court ruling known as the Feres doctrine prohibits military members like Purcell from filing a lawsuit against the federal government for any injuries suffered while on active duty. That includes injury in combat, but also rape and medical malpractice, such as missing a cancer diagnosis.

Thanks in part to Tampa lawyer Natalie Khawam, a provision in this year's national defense budget allows those in active duty to file medical malpractice claims against the government for the first time since the Feres case.

With the Department of Defense overseeing the new claims process, the question now is how fairly and timely complaints will be judged. And whether, in the long run, this new move will help growing efforts to overturn the ruling and allow active duty members to sue like everyone else.

Read More