eft-wing advocates applaud this week’s 70-cent hike in the national minumum wage as “a boon for the so-called working poor,” said The Wall Street Journal in an editorial. But most minimum-wage workers are teenagers or spouses earning a second income for families that are doing just fine. Imposing unnecessary burdens on employers is never a good idea, “but the timing for this latest minimum-wage hike, amid a weak economy, could hardly be worse.”
Actually, the timing might be the best part of this raise, said the Norman, Okla., Transcript in an editorial. This boost to $6.55 an hour for the nation’s lowest-paid workers “came just as most Americans are trying to keep ahead with higher gasoline and food prices and surcharges levied on everything from freight to flowers.”
This will hardly be enough to match the recent run-up in gas and grocery prices, said Holly Sklar in the Raleigh, N.C., News & Observer. In fact, "it's so little, so late that workers will still make less than they did in 1997, adjusting for the increased cost of living, and way less than in 1968.”
“So how much would be enough?” said the Charleston, S.C., Post and Courier in an editorial. The minimum wage is set to jump again next summer, to $7.25 an hour, capping a 40-percent leap in just three years. This kind of meddling raises costs for employers, forcing some small businesses to cut jobs, and “risks stifling the free market upon which all levels of wage-earners depend.”
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Who are the real gay marriage bigots?
- Watch The Daily Show mock Fox News' confused man-crush on Vladimir Putin
- Sorry Belle Knox, porn still oppresses women
- What the collapse of the Ming Dynasty can tell us about American decline
- Religious liberty should be a liberal value, too
- Why is American internet so slow?
- What would a U.S.-Russia war look like?
- Don't worry: World War III will almost certainly never happen
- The Daily Show's Aasif Mandvi dismantles another ObamaCare myth
- Is the Republican Party in danger of dying out?
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