Minimum Wage

Minimum Wage

 The minimum wage became an indelible aspect of the American policy landscape in 1938, with the passage of the Fair Labor Standards Act (FLSA). The minimum wage is the lowest amount an employer can pay a worker for her services. The federal minimum wage is set (or not) by Congress, although states, counties, and municipalities can set a higher (but not a lower) minimum wage than that mandated by the federal goverment.

Cry Wolf Quotes

We say we're trying to help the working poor while we actually will be helping young part-time workers. There is one thing, however, upon which there is agreement. Economists from all persuasions agree that increasing the minimum wage will mean lost jobs and it will mean inflation.

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Harris Fawell (R-IL), Congressional Record.
05/16/1989 | Full Details | Law(s): Minimum Wage

We cannot legislate prosperity. When we increase minimum wages by legislative fiat, we kill jobs. Government creates nothing but what it has first taken away.

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Fox Business’ John Stossel.
04/30/2010 | Full Details | Law(s): Minimum Wage

Wage mandates ignore the principals of free market economies; they prevent businesses from making profits, growing and hiring more workers; and they base wages on what the worker wants instead of on the value of work performed.

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Amicus brief filed by Chamber of Commerce with the Supreme Court of Louisiana.
11/21/2004 | Full Details | Law(s): Minimum Wage

The minimum wage has caused more misery and unemployment than anything since the Great Depression.

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Candidate Ronald Reagan. Time Magazine.
01/29/1980 | Full Details | Law(s): Minimum Wage

Evidence

Backgrounders & Briefs

Minimum Wage Policy Brief

By Professor Stephanie Luce

The idea of minimum wage laws has been around for more than a century. They are still a good idea.

Resources

Raise the Minimum Wage is a project of the National Employment Law Project. The effort is devoted to preserving the wage floor by raising the federal minimum wage.