March 5, 2014

Center for American Progress Ignores CBO in Flawed New Report

Just two weeks ago, the nonpartisan Congressional Budget Office released a report on President Obama’s $10.10 minimum wage proposal. Most of the press coverage rightly focused on the report’s estimate that 500,000 jobs would be lost if a $10.10 minimum wage became a reality. But the CBO also reported that…
February 27, 2014

About Those 600 Economists Who Support a $10.10 Minimum Wage

Last week, the nonpartisan Congressional Budget Office (CBO) released a report estimating that 500,000 jobs would be destroyed if the minimum wage was raised to $10.10. Suddenly on defense, the White House turned to a list of 600 economists who support an increase in the minimum wage and disagree…
News February 21, 2014

New National Ad: Minimum Wage Workers in Fast Lane to Unemployment

Rigorous economic research has long shown that raising the minimum wage results in job loss for the least-skilled employees. A recently released report from the non-partisan Congressional Budget Office (CBO) details that raising the minimum wage to $10.10 will reduce job opportunities for the least-skilled—the potential job losses range…
January 28, 2014

WSJ Ad Uses Bill Gates to Criticize $10.10 Minimum Wage

In his State of the Union address, President Obama will call for an increase in the federal minimum wage to $10.10—a nearly 40 percent jump over the current amount. The White House claims its plan won’t reduce jobs, but the vast majority of economic research on the subject –…
January 27, 2014

Maximum Hypocrisy on the Minimum Wage

In this week’s State of the Union address, President Obama is expected to ask members of Congress to pass a nearly 40% increase in the federal minimum wage. A new Employment Policies Institute (EPI) analysis shows that the vast majority of the bill’s sponsors are legislating with a  “do as…
January 13, 2014

The One Million Job Disaster

Senate Democrats are planning a vote in the first part of 2014 on a bill that would raise the federal minimum wage by nearly 40 percent from $7.25 an hour to $10.10 an hour. The New York Times and Associated Press  have reported that this push for higher mandated wages is part…
January 2, 2014

Boosting the Minimum Wage: The Economic Stimulus That Isn’t

The labor union-backed Economic Policy Institute recently released an update of their earlier “analysis” on a $10.10 minimum wage. EcPI’s analysts have scaled their earlier claim of $32 billion in stimulus back by a cool $10 billion or so, but — in their view — a nearly 40 percent…
December 13, 2013

President Obama’s “Famous” Words on the Minimum Wage

In a recent speech on income inequality, President Obama claimed “there’s no solid evidence that a higher minimum wage costs jobs.” However, the president’s statement is plainly contradicted by the evidence. Even the Washington Post – itself no opponent of a higher minimum wage – gave his statement “Two Pinocchios” for…
December 5, 2013

The Cost of $15: Nearly A Half-Million Jobs

On Thursday, labor union-backed protesters will “strike” at over 100 fast food restaurants around the country–the third such coordinated national action this year. The Employment Policies Institute has taken out a series of full page ads in USA Today and The Wall Street Journal, warning that a $15 minimum wage would force employers…
November 11, 2013

The Facts on a $10.10 Minimum Wage

Eager to change the conversation from the disastrous roll-out of the healthcare law, Senate Democrats and President Obama have rallied behind a proposal to create a $10.10 minimum wage—a nearly 40 percent increase over the current $7.25. (The proposal would also raise the minimum wage for tipped employees by over…