BEGIN:VCALENDAR
VERSION:2.0
X-WR-CALNAME:www.indybay.org
PRODID:-//indybay/ical// v1.0//EN
BEGIN:VEVENT
UID:Indybay-86133
SEQUENCE:86133
CREATED:20060130T030000Z
DESCRIPTION:Petitions will be available in the Free Speech area at Fresno State to 
 obtain signatures of registered voters to get an initiative on the ballot 
 this November to raise the minimum wage to $8.75 an hour.  Why a Statewide 
 Initiative?  In spite of several minimum wage increases from $1.50 in the 
 1960's to $6.75 now, the minimum wage rate has actually lost ground 
 relative to inflation. The legislature is considering a bill that would 
 raise it to $7.75 over two years and index it to inflation. The governor 
 vetoed a similar bill last year. Even if this passes, $7.75 isn't a "Fair 
 Wage" and it is far from a Living Wage. The federal minimum wage, currently 
 $5.15 per hour, would be nearly $9 if it had been indexed to inflation 
 since 1968, and even that rate doesn't allow workers to support their 
 families. Cost of Living Adjustments (COLAs) will eliminate forever the 
 erosion of worker's wage gains and buying power, by tying the new wage rate 
 to automatic annual increases when the cost of living increases.   For 
 details about the initiative, go to http://tinyurl.com/ey624\n 
 https://www.indybay.org/newsitems/2006/01/29/86133.php
SUMMARY:California Initiative to Increase the Minimum Wage
LOCATION:CSU Fresno Free Speech Area
URL:https://www.indybay.org/newsitems/2006/01/29/86133.php
DTSTART:20060203T170000Z
DTEND:20060203T230000Z
END:VEVENT
END:VCALENDAR