No Detroit Bailout
etroit just declared bankruptcy. It’s the largest American city to declare bankruptcy… ever.Why? Thanks to disastrous liberal...
Read Moreby ActRight Community in Freedomworks Foundation
Among the number of economically disastrous policy prescriptions offered by President Obama during his State of the Union address, a hiking of the federal minimum wage to $9 an hour was one of the saddest. For a President who believes you can spend your way out of debt, the proposal wasn’t surprising. But now many in Congress are reportedly ready to back the measure. If enacted, the minimum wage hike will only make the economy worse.
No serious thinker in the 21st century believes a higher minimum wage will help low-skilled workers. In fact, it will have the opposite effect. Wages are not determined by employers- they are paid by much each worker produces.
The freedom to choose means the freedom to accept wages offered. By hiking the minimum wage, all Congress will do is outlaw employing those who will work for less than $9 an hour. For young aspiring workers with little experience, this is a senseless policy.
Contact your representative in Congress and tell them to oppose any hike of the minimum wage now.
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