At 2:00 AM on Saturday, February 27, Democrats in the U.S. House of Representatives voted to pass a “COVID relief and economic support“ bill at a cost to taxpayers of $1.9 trillion. The next Saturday, Senate Democrats passed a very similar bill, and President Biden stated he will sign it. This will be the sixth “COVID relief” law and swell the tab for such legislation to a total of $5.3 trillion. The combined cost of these laws to every household in the United States will be an average of $41,036.Read More
Though the Senate parliamentarian rejected their efforts to include a $15-an-hour minimum wage in President Biden’s so-called COVID-19 relief bill, Senate Democrats are scrambling for a way to include it. Their efforts demonstrate the importance of this issue for the progressive left. But should they succeed, would such a measure truly help struggling Americans as promised?Read More
Costco will raise its company-wide minimum wage to $16 per hour, a one-dollar increase that raises its wages higher than its fellow big-box retailers, the company’s CEO said during a congressional hearing Thursday.
Costco plans to raise its minimum wage from $15 to $16 because it is committed to paying workers “very competitive retail wages,” CEO Craig Jelinek said during a Senate Budget Committee hearing Thursday. Jelinek stopped short of advocating in favor of a federal minimum wage overhaul, instead saying he was solely focused on Costco.Read More
The leading advocacy organization for small businesses in the U.S. is focusing its legislative efforts on defeating a proposal to increase the federal minimum wage to $15 per hour.
The minimum wage is the biggest issue the National Federation of Independent Businesses (NFIB) has lobbied on recently, the group told the Daily Caller News Foundation. After a series of pandemic-related victories on Capitol Hill, capped off by the December stimulus package that included $284.5 billion for small businesses, NFIB decided to lobby Congress to “do no harm.”Read More
A $15 minimum wage would result in 1.4 million jobs lost and disproportionately hurt younger workers and those with less education, a new Congressional Budget Office report says.
President Joe Biden, U.S. Sen. Bernie Sanders and other Democrats have proposed raising the federal minimum wage to $15 an hour by 2025, more than double the current federal minimum of $7.25 an hour.Read More
President Joe Biden’s new $1.9 trillion COVID-19 relief proposal includes a surprising provision: raising the federal minimum wage to $15.
The fight for a higher minimum wage is not new, although it has been intensified by current events. The idea, more specifically, is to provide a “living wage.” Proponents argue that, currently, minimum wage workers cannot afford basic living expenses. But even if one assumes for the sake of argument that this is true and sets aside the fact that small businesses are already on the brink of collapse, it’s impossible to determine one suitable “living wage” for all parts of a vast and diverse country like the United States.Read More
More than 80 states and local municipalities are slated to see minimum wage hikes in 2021, even as business owners continue to struggle during the coronavirus pandemic.
The Employment Policies Institute, a non-profit based in Washington, D.C., that studies how public policy impacts employment growth, released a comprehensive list of the minimum wage increases that will go into effect next year and in subsequent years.
“Minimum wage increases are demonstrated to cause job losses even in times of economic health,” said Michael Saltsman, EPI’s managing director. “These states and local areas are increasing the cost of labor as businesses are dealing with forced closures or a drastic drop in revenue. Employers and employees will pay the price for these misguided good intentions.”Read More
Democratic Georgia Senate candidate Jon Ossoff in a Monday campaign video called on federal immigration authorities to ensure illegal aliens aren’t being paid “less than minimum wage.”
“In Georgia’s agricultural sector, the campesinos (farm workers) who work in the fields, enduring some of the most brutal conditions of labor anywhere in this country to keep America fed, paid less than the minimum wage, [are] often subject to abuse by employers,” Ossoff told a group of supporters on the video call.Read More
Teenagers are extraordinarily capable. Louis Braille invented his language for the blind when he was 15. Mary Shelley, daughter of libertarian feminist Mary Wollstonecraft, wrote Frankenstein when she was 18. As a young teen, Anne Frank documented her life of hiding from the Nazis during World War II. Malala Yousafzai won the Nobel Prize at 17.Read More
by Jon Miltimore Minimum wage laws, I’ve noted, are popular with the public. This no doubt explains why House Democrats passed a bill Thursday that would raise the federal minimum wage to $15 an hour. Yet the minimum wage’s apparent popularity might be political pyrite (fool’s gold). A newly…Read More
by David R. Henderson Many good things have happened both in the United States and worldwide this century. In the U.S., we have the lowest unemployment rate in half a century. Worldwide prosperity is growing so fast that the rate of extreme poverty fell by half between 1990 and…Read More
by Bill Wirtz Minimum wage laws are intended to help those who are making very little money, yet they achieve quite the opposite. Can you really say you stand for the disadvantaged if you support minimum wage laws? Moral Superiority Minimum wage laws have been around for a while,…Read More
by Tim Pearce California’s minimum wage increase has cost the state thousands of jobs worth of growth in the state’s booming restaurant industry, according to a recent study by the University of California Riverside. Delayed Effects California passed a bill in 2016 to bring the state’s minimum wage up to $15…Read More
The Center of the American Experiment surveyed Minnesotans on a number of timely political issues in the latest edition of Thinking Minnesota, including the state’s $1.5 billion budget surplus, $15 minimum wage ordinances, and the Metropolitan Council. As The Minnesota Sun has reported, both St. Paul and Minneapolis have passed…Read More
The Saint Paul City Council unanimously approved a $15 minimum-wage ordinance Thursday, which was quickly signed into law by Mayor Melvin Carter. “Today’s vote is the culmination of years of incredible leadership from Council Members, workers, business leaders and advocates, all working together to provide a much-needed raise to over…Read More
Democratic gubernatorial candidate Tim Walz spent Wednesday clarifying his stance on a $15 minimum wage hike, but in doing so seemed to only complicate his position on the issue. Speaking alongside a cohort of Minnesota mayors, Walz called his previous support of a statewide $15 minimum wage “aspirational” in response…Read More
by John Miltimore One of the greatest takedowns of the minimum wage you’ll ever find comes from an unlikely place: The New York Times. There are many reasons people and politicians find the minimum wage attractive, of course. But the Times, in an editorial entitled “The Right Minimum Wage: 0.00,”…Read More
by Tim Pearce Minnesota’s minimum wage has cost young and low-skilled workers thousands of jobs in the fast-food restaurant sector since 2013, according to University of Wisconsin economics professor Noah Williams. Williams tracked and compared employment data in Minnesota and Wisconsin from 2014 to 2018, over which Minnesota’s minimum wage increased…Read More
by Alex Muresianu A new report from the University of Wisconsin-Madison comparing employment between Minnesota and Wisconsin after Minnesota raised its minimum wage found that Minnesotan workers saw a decline in employment, especially for young, inexperienced, and low-skilled workers, as employment in Wisconsin rose. Despite this evidence reaffirming that the minimum wage can hurt…Read More
During Monday’s broadcast of The Gill Report – live on WETR 92.3 FM in Knoxville – conservative political commentator and Tennessee Star Political Editor Steve Gill questioned whether the left truly understands the dynamics of equality and economics and how mandating the rise of minimum wage may inadvertently deplete a human…Read More