Study Showing 15-Dollar-an-Hour Fast-Food Wages Would Raise Prices by Only 4 Percent Is Very Wrong
If something seems too good to be true, it probably is. Unfortunately, many journalists did not remember that when covering a new report claiming $15-an-hour wages would raise fast-food prices only 4 percent.
A closer look shows that the study underlying …
Raising the Minimum Wage Is the Perfect Way to Kill the Summer Job
I had a lot of summer jobs. I was a foot messenger in New York for a couple of summers. I worked as a receptionist and mail-room flunky. Before my junior year of high school, I briefly sold ice-cream snacks …
The Left Doesn’t Care Whether Minimum-Wage Laws Actually Help the Less Fortunate
There is no way to know what is going on in someone else’s mind. But sometimes his behavior tells you more than his words.
The political Left’s great claim to authenticity and honor is that what they advocate …
LA County Board Stalls Minimum Wage Vote
Well, this is interesting. From the Los Angeles Times:
The campaign to push Los Angeles County to significantly raise the minimum wage suffered an unexpected setback Tuesday, with a key county supervisor demanding a postponement to address complaints from small-business …
Minimum-Wage Laws: Ruinous ‘Compassion’
It is fascinating to see brilliant people belatedly discover the obvious — and to see an even larger number of brilliant people never discover the obvious.
A recent story in a San Francisco newspaper says that some restaurants and grocery …
Why Americans Want Politicans to Push Around Their Employers
There’s a thread that ties the Democrats’ arguments on the employer-covered contraceptive coverage mandate and their push to raise the minimum wage to $10.10 per hour: We’re going to make your employer give you something you want.
People rarely …
Why Unions Hunger for a Job-Killing Minimum Wage Hike
From the midweek edition of the Morning Jolt:
CBO: Obama’s Primary Economic Proposal Would Eliminate 500,000 Jobs
This is pretty consequential, no?
Once fully implemented in the second half of 2016, the $10.10 option [for the minimum wage] would reduce total employment …
Reminder: 1.1 Percent of U.S. Workforce Makes Minimum Wage
The current U.S. population is about 317 million. The current number of employed American workers is 144 million.
According to the Bureau of Labor Statistics, among those paid by the hour, 1.6 million Americans earned the prevailing federal minimum wage of $7.25 per …
No, 2014 Won’t Be a Referendum on the Minimum Wage.
Democrats want to make the 2014 midterms a referendum on raising the minimum wage.
Yeah, that will surely overshadow everyone’s problems with their health insurance under Obamacare!
Remember, thousands upon thousands of Americans are going to get a rude surprise at …
How Can D.C. Make New Employees More Cost-Effective?
Earlier this week we discussed the ugly truth about our economic doldrums: that companies aren’t hiring because they don’t think that the additional revenue that they can generate from a new hire is enough to cover the cost …
The Insidious Political Power of Minimum-Wage Laws
One of the great spectacles of the day is the sight of French workers engaged in violent protests, aggrieved that their economic positions are being undermined by the cheap labor of foreign workers — Germans, in this case.
A bit of …
Fish gotta swim, birds gotta fly, and Democrats gotta call for increases in the minimum wage. Republicans, it seems, continue to struggle for a response that can compete with “Give America a Raise.” Radio host John Batchelor, God bless him, …
$15 Minimum Wage Advocacy Group Posts Job Paying $12.25 an Hour
The advocacy group Working America posted a job listing on Facebook looking for grassroots organizers willing to start campaigns pushing for a $15 minimum wage — for $12.25 per hour.
#ad#The fact that the job paid less than the hoped-for federal …
The Voters Want a Higher Minimum Wage, but the Voters Are Wrong
Last week, while most Americans were scrambling to make sure that their taxes were paid on time, protesters across the country took to the streets to demand that the minimum wage be increased to $15 an hour. The protests — which …
Chinese-Made Bicycles and the Wisconsin Governor’s Race
From the Tuesday Morning Jolt:
Could Chinese-Made Bicycles Be a Factor in Wisconsin’s Gubernatorial Race?
In Wisconsin, the governor’s race featuring Republican incumbent Scott Walker – perhaps a potential presidential candidate – and Democrat Mary Burke remains pretty close. The …
Obama: Vote Out Minimum Wage Hike Opponents! Let’s Start With Three . . .
President Obama, yesterday:
If your member of Congress doesn’t support raising the minimum wage, you’ve got to let them know they’re out of step, and that if they keep putting politics ahead of working Americans, you’ll …
What’s Really Driving the Push to Hike the Minimum Wage: Union Dues
This morning, President Obama is announcing that by executive order, he’s raising the minimum wage to $10.10 for those working on new federal contracts.
The two-page “fact sheet” for the move fails to mention how many workers would be getting better …
The Triumphant Moment of Three Popular Bad Ideas
Back during the argument about Chuck Hagel’s confirmation, I wrote:
The Obama administration’s persistent desire to hold talks with Iran was mentioned, time and again, in the campaigns of 2008 and 2012. Mitt Romney pointed out the spinning of Iran’…
Can a Minimum-Wage Hike Really Motivate Voters?
President Obama’s message for the coming year is going to be a renewed focus on “income inequality.” Or as Bloomberg News puts it:
One of the president’s agenda items on this is raising the minimum wage. President Obama backs a …