When workers make more money, they respond by being more productive in their jobs and are less likely to leave, reducing turnover costs. This puts money in business' pockets, and workers also then have more money to spend in the local economy.

Income inequality and wage stagnation finally took their place among the principal moral issues of our time.

The vast majority (over 80 percent) of fast-food and similar low wage service jobs (<$9.24/hr) are held by adults. A quarter are adults over 40. Another quarter are moms raising kids.

Today, the gap between productivity and compensation for the typical worker is larger than at any time since World War II.

The free market hasn't done a very good job "figuring out" how to pay workers enough. If it was solely up to the market, the people with the least power would be paid pennies ... or less.

We've created more wealth in the past 30 years than the rest of human of human history combined. But half of Americans make less than $17 an hour.

When families can afford the basics, they can reinvest in their communities, and higher wages means a broader consumer base for businesses.