First, resurrect the old Democratic Party's historic safeguarding of federal minimum wage and labor laws from Republican dissolution. It is astonishing that, since the passing of Senator Ted Kennedy, there have been so few high-profile champions in Congress for restoring the minimum wage - now $7.25 per hour - to its inflation-adjusted level of 1968 which today would be $10.00 per hour. That long overdue move would pour tens of billions of dollars into job-producing consumer demand during this recession. It would end a decades-long windfall for employers who have been increasing their prices and salaries while receiving many tax breaks during that period.
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