The Minimum Wage Nonsense Impedes Economic Progress Raising the minimum wage is once again a key component of the Democrats’ election-year strategy. Indeed, the Democrats have momentum on their side. According to a recent report in The Christian Science Monitor, 14 states raised their legal minimum wage last year. The economic arguments pro and con are familiar. Opponents of raising the minimum wage assert that, ceteris paribus, raising the price ...
Jan. 21, 2014 - Forbes