Commentary: Minimum Wage Hikes Led to Lower Worker Compensation, New Research Shows

Opponents of minimum wage laws tend to focus their criticism on one particular adverse consequence: by artificially raising the price of labor, they reduce employment, particularly for the most vulnerable in society.

“Minimum wage laws tragically generate unemployment, especially so among the poorest and least skilled or educated workers,” economist Murray Rothbard wrote in 1978. “Because a minimum wage, of course, does not guarantee any worker’s employment; it only prohibits, by force of law, anyone from being hired at the wage which would pay his employer to hire him.

Though some economists, such as Paul Krugman, reject Rothbard’s claim, a recent study found the overwhelming body of academic research supports the idea that minimum wage laws increase unemployment.

Read More

Commentary: Raising the Minimum Wage Is Not the Answer

Joe Biden

If Joe Biden gets his way, the federal minimum wage will soon more than double, from the current $7.25 to $15 per hour. To quote our commander in chief, “if you work for less than $15 an hour and work 40 hours a week, you’re living in poverty.”

To rehash the minimum wage debate would be redundant. Anyone with business experience should see what’s going to happen. Many small independent businesses, retail stores, and restaurants that pay minimum wage will go under.

Meanwhile, major corporate chains will automate, shedding workers and raising prices, consolidating their grip on every market sector where they’re active. Unionized government workers will automatically get raises because their wages are indexed to the minimum wage—putting even more pressure on government budgets and taxpayers. People in the private sector who have spent decades learning a skill—and as a result can command wages upwards of $25 or $30 an hour—will become justifiably disgruntled, because they will no longer be making much more than minimum wage. The underground economy will explode.

Read More

Virginia’s Minimum Wage Increases to $9.25 an Hour May 1

Virginia’s minimum wage is going up to $9.25 an hour on May 1. The change is the result of 2020 legislation, part of several pro-worker changes initiated by the Democrat-controlled General Assembly in 2020 and 2021. Advocates say the change will boost the economy by enabling more people to pay rent and spend money in Virginia businesses. But opponents say the increase violates free-market principles and will harm employers who have to increase their hourly compensation while dealing with a COVID-19 economy.

Read More

Analysis: Maximum Facts About the Minimum Wage

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

Commentary: Job Creation, Not a $15 Minimum Wage, Will Reduce Poverty

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 Raises Minimum Wage to $16, But Won’t Advocate for All Businesses to Follow

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

Ohio Sen. Portman Offers Minimum Wage Increase, Legal Worker Verification Plan in U.S. Senate

With plans to include a $15 minimum wage in President Joe Biden administration’s COVID-19 recovery proposal quashed by rules procedures, U.S. Sen. Rob Portman, R-Ohio, has introduced his own wage hike.

Portman’s legislation calls for a more modest minimum wage increase to $10 an hour over the next four years and ties it to inflation every two years. It also ties the minimum wage to his recently introduced E-Verify Act legislation that helps ensure the increase goes only to legal workers.

Read More

Nation’s Top Small Business Group Doubles Down in Minimum Wage Fight

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

CBO: $15 Minimum Wage Would Lead to 1.4 Million Lost Jobs, Impacting Young, Less Educated the Most

Unemployment line

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

Virginia House Removes Farm Employee Minimum Wage Exemption

On Tuesday, the House of Delegates passed Delegate Jeion Ward’s (D-Hampton) HB1786, a bill that would remove an exemption that allows farmers to pay farm employees less than Virginia’s minimum wage.

Currently, the Code of Virginia states, “‘Employee’ includes any individual employed by an employer. ‘Employee’ includes a home care provider. ‘Employee’ does not include the following: 1. Any person employed as a farm laborer or farm employee.”

Read More

Commentary: A One-Size-Fits-All Federal Minimum Wage Makes Zero Sense

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

University of Memphis to Raise Minimum Wage to $15 by June

The University of Memphis (UofM) will raise its minimum wage from $13 to $15 an hour, starting June 5. 

In a copy of the email obtained by The Tennessee Star, university faculty and staff were informed by President Dr. David Rudd on Tuesday that the raise was a culmination of adjustments done over the past year. Rudd shared that some of they’d implemented a hiring freeze, reduction in operational costs, and forms of attrition.

Read More

Minimum Wage Hikes Set for 2021 Imperil Businesses Struggling Amid COVID Shutdowns

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

Georgia’s Ossoff Says Feds Should Ensure Illegal Immigrants Aren’t Paid ‘Less Than Minimum Wage’

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

Commentary: How Our Culture Disempowers Teens

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

Commentary: Support for $15 Minimum Wage Plummets When Americans Are Told Its Economic Impact

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

Commentary: Three Groups of People Disproportionately Harmed by Minimum Wage Laws

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

Report: Minimum Wage Hike Could Cost Wisconsin at Least 350,000 Jobs

by Bethany Blankley   Increasing the minimum wage to $15 per hour could cost Wisconsin at least 350,000 jobs, according to a new report published by the conservative think tank, the Badger Institute. According to the analysis, “a high proportion of the state’s workers – fully 38 percent – earn less…

Read More

STUDY: Minimum Wage Hikes Are Killing Jobs in California’s Poorest Communities

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

Ten Laws That Spell Major Changes for Ohio in 2019

In terms of legislation, 2018 may be considered one of Ohio’s most impactful years in recent history. From the approval of the first medicinal marijuana dispensary to new abortion limitations, 2019 will see a dramatic change for many Ohioans. Compiled below are ten of the most significant changes coming to the…

Read More

Ohio Minimum Wage to Increase at Start of New Year

The Ohio hourly minimum wage will be increasing on January 1, 2019. For non-tipped employees, hourly earnings will increase to $8.55 per hour, from $8.30. For tipped employees, hourly earnings will increase to $4.30 per hour, from $4.15. In addition, working longer than 40 hours will be considered overtime and…

Read More

Commentary: The New York Times Explains Why the Minimum Wage Should Be $0.00

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

Study: Minnesota’s Minimum Wage Hike Cost Teenagers Thousands Of Jobs

minimum wage protest

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

Occupational Licensing Reform: A Bipartisan Blueprint for Helping Low-Income Workers

bureaucratic stamps

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

The Left’s Delusions on Economics and the Slow Decline of Human Employment

Steve Gill

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

Tennessee Democratic Party Lurches to the Left With Progressive Resolutions

The Tennessee Democratic Party recently passed resolutions supporting “Medicare for All,” a $15 minimum wage and medical marijuana. The resolutions reflect the state party’s lurch to the left. They were passed by the executive committee Oct. 28 and detailed in a Nov. 2 news release. “Medicare for All” is a movement…

Read More

Memphis Fast Food Workers Rally For $15 Per Hour Minimum Wage

  Some fast food restaurant workers in Memphis walked out Monday to call for raising the minimum wage to $15 per hour, reports WREG News Channel 3. Similar Labor Day protests were held across the country. The current federal minimum wage is $7.25. In Tennessee, the state minimum wage is the…

Read More