Thursday, January 11, 2007

Minimum Wage Nonsense

This is the best explanation I have seen yet for the Democrats love raising the minimum wage:
For example, the NCPA noted that most large East Coast cities already have a minimum wage that exceeds the current $5.15 an hour. (It's $7.15 in New York City and just rising to $9.14 in San Francisco.)

"The proposed wage hike is a way for business and labor interests in blue (Democratic) states to raise labor costs in the red (Republican) states with which they compete," said the NCPA's Robert McTeer. "What business wouldn't relish the thought of raising the costs of its competitors?" [...]

"If the goal for all low-wage workers to have the same, minimum standard of living, we need different wages for different cities," McTeer said.

"If the goal is to punish red state economies, a uniform minimum wage makes sense. But if the goal is to enact a uniform minimum living standard, we need to start by raising wages on the coastal cities and leave the interior cities alone," he concluded.

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