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 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

Minimum wage laws may very well be the most anti-poor laws envisioned by modern government policymakers.

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LaFaive, Michael D., Mackinac Center for Public Policy.
11/01/1997 | Full Details | Law(s): Minimum Wage

We don’t think the government ought to be in the business of setting wages.

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Chamber of Commerce spokesman Randy Johnson, Washington Times.
05/06/2002 | Full Details | Law(s): Minimum Wage

I am vitally concerned about the thousands of teenagers and young adults who will either lose their jobs or be rendered unemployable in the unskilled labor markets as the result of increasing the minimum wage to $2.50 or more per hour.

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Eldon Rudd (R-AZ), Congressional Record.
04/26/1977 | 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.