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Romney Backs Automatic Increases in Minimum Wage Rate



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From CBS News:

 

The influential conservative group Club for Growth PAC criticized Republican presidential candidate Mitt Romney’s position on the minimum wage, calling it “disappointing.”

“Indexing the minimum wage would be an absolute job killer,” Club for Growth President Chris Chocola said. “Mitt Romney’s proposal is anti-growth and would harm our economy. It’s disappointing to hear that the leading candidate for the Republican nomination believes that the government can set the price of labor better than the free market.”

Club for Growth’s critique was made after a reporter asked Romney aboard his campaign plane Wednesday if he still believed the minimum wage should be indexed to account for inflation, essentially increasing the minimum wage each year to keep up with the cost of living.

Romney failed to expound on his position, but said he has “the same thoughts as in the past.” Since he was governor of Massachusetts, Romney has said he supports automatic hikes in the minimum wage.



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