Blog Posts  (Page35)

Does a bad idea become a good one when you pair it with a fancy chart? The labor-backed Economic Policy Institute (EcPI) seems to think so. Recently, it rehashed the discredited idea of a minimum wage tied to economy-wide productivity, complete with a fancy chart to make the concept seem rational. …

Seemingly good ideas can have unintended consequences. Just ask a sunburned vacationer who decided to take a leisurely nap on the beach. For New Jersey, the “good idea” that isn’t comes in the form of a proposal to amend the state constitution to raise the minimum wage and put it…

Many of our elected members of Congress are once again abiding by the “do as I say, not as I do” approach. Roughly 97 percent of the Congressional sponsors of the “Fair Minimum Wage Act of 2013” and the “Healthy Families Act” hypocritically fail to pay their employee interns any…

A new billboard in L.A. asks a question about former child star Amanda Bynes that no one else seems to be asking: Why is she “wigging out?” The billboard suggests it might be because of the nation’s continued teen unemployment crisis. To view the billboard, click here. Bynes was…

Policymakers in California are pushing a “feel-good” measure that will have disastrous effects on the state’s entry-level job market. Led by Assemblyman Luis Alejo, the California Assembly recently approved a bill that would increase that state’s minimum wage to $9.25 and set future increases on autopilot. The end result of…

It’s no secret that minimum wage hikes force businesses to find a way to offset the mandated increase in labor costs, either by raising prices or lowering costs elsewhere. Since customers are price sensitive, businesses often opt for cost-saving changes that substitute customer self-service for employee full-service. Simply put,…

In his tour across the country to drum up support for President Obama’s minimum wage hike proposal, Acting Labor Secretary Seth Harris has been towing the (false) party line that mandated wage hikes won’t have a negative effect on the availability of entry-level job opportunities. (Click here…

It used to be that summer months provided an ideal opportunity for teenagers to gain the valuable career experience that comes from entry-level jobs. Yet the effects of the Great Recession, combined with the consequences of a 40 percent minimum wage increase between 2007 and 2009, have left teens…

Recently, Ralph Nader penned an op-ed for the Wall Street Journal arguing for a higher minimum wage. Nader’s faulty economic principles were exposed in a series of letters to the editor published afterward, in addition to having already been refuted in earlier op-eds and editorials in the…

In support of a higher minimum wage, advocates typically point to a handful of business owners who voice ideological support for the policy. Take Costco, for instance, whose CEO has voiced strong support for raising the federal minimum wage. Why do these few businesses support raising the minimum wage…