Christine Lagarde enters the minimum wage debate

|By:, SA News Editor

Count IMF Managing Director Christine Lagarde as another proponent of raising the federal minimum wage in the U.S.

Lagarde points to the 50M working Americans living below the poverty level in making her claim that "we" have to do something about it.

Legislation on a minimum wage increase has been stalled in Congress, but is likely to be teed up as mid-term election issue.

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Bloomberg Lagarde interview