Democratic politicians are desperate to make up for ObamaCare’s disastrous roll-out. Thirteen states are increasing their minimums this year, and some Democrats believe raising the national minimum wage is a winning campaign issue for November.
There’s no doubt that raising the minimum wage would reduce employment and slow economic growth. Worse, government wage-setting is immoral. It is unfair and wrong for politicians to posture as philanthropists while forcing other people to pay higher salaries.
Read more at http://www.cato.org/blog/minimum-wage-immoral-inefficient
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