by Jane Richey | Jan 25, 2014 | Constitutionally Limited Goverment, Fiscal Responsibility, Health Care
The plan on the table in Congress would raise the federal minimum wage above $10 an hour (which is higher than all existing state rates). Obamacare’s mandate on employers, however, is already scheduled to raise the hourly cost of hiring a full-time worker past $10 an...
by Jane Richey | Jan 21, 2014 | Constitutionally Limited Goverment, Free Markets
Should the nation’s minimum wage be raised, as Democrats from President Obama on down are insisting? “Well, jobs are a great thing,” Microsoft founder and philanthropist Bill Gates told MSNBC’s “Morning Joe” on Tuesday. “So...
by Jane Richey | Jan 7, 2014 | Constitutionally Limited Goverment
A 1976 American Economic Association survey found that 90 percent of its members agreed that increasing the minimum wage raises unemployment among young and unskilled workers. A 1990 survey reported in the American Economic Review (1992) found that 80 percent of...
by Jane Richey | Mar 6, 2013 | Fiscal Responsibility
1.) Hordes of minimum-wage workers 2.) The “working poor” getting by on minimum wage 3.) Minimum-wage workers trapped in poverty 4.) Lifelong minimum-wage earners 5.) More single parents on minimum wage Read...
by Jane Richey | Feb 13, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
President Barack Obama’s proposal to raise the minimum wage to $9 an hour from the current $7.25 would harm the economy, some Republicans said Tuesday after the State of the Union address. “If you raise the minimum wage, the inevitable effect will be, number one,...