In New Jersey, a single parent, or a household where only one adult is able to work, would need to work 130 (or more!) hours to afford a two-bedroom market rate apartment.
Rosenthal concludes with:
“When he was campaigning for the presidency, Mr. Obama promised to raise the federal minimum wage annually. That hasn’t happened. It’s the same as it was in January of 2009: $7.25 an hour. According to Bloomberg View, that amount, adjusted for inflation, ‘is actually lower than what a minimum-wage worker earned in 1968.’
Somehow I doubt Mitt Romney will highlight this particular broken promise in an attack ad, but that’s no reason for anyone else to give the president a pass.”