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McCook Gazette
Letter to the Editor

$15 minimum wage is bad idea

Friday, June 2, 2017

Dear Editor,

A new bill introduced this week would raise the federal minimum wage by 107 percent to $15 an hour. Economists agree that it's a terrible idea.

A 2015 University of New Hampshire survey found that nearly three-quarters of surveyed US labor economists were opposed to a broad $15 minimum wage. The vast majority of these economists responded that a $15 minimum wage would have negative effects on youth employment levels, adult employment levels, and the number of jobs available. Even former members of the Obama and Clinton administrations have spoken out against the policy, describing it as "extremely risky."

Democrats should take a hint from the economist experts in their own party, and remember that a new wage mandate doesn't mean much if employees can't find jobs.

Michael Saltsman

Managing Director

Employment Policies Institute

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  • Yawn

    -- Posted by Hugh Jassle on Tue, Jun 6, 2017, at 5:12 PM

  • So it appears fired FBI director was a source of leaks, and the entire premise of Russia links to the Trump campaign were false, and the fired FBI director broke the laws.

    In the words of failed democrat presidential candidate, "This is a nothing-burger".

    -- Posted by Hugh Jassle on Thu, Jun 8, 2017, at 12:07 PM

  • Seattle, one of the first major cities to implement the $15 minimum wage, now has it's report on how it is working. Those making the minimum saw a reduction of hours by nine percent and an actual loss of $125 per month in take home pay. Prices in the city did increase though making it double tough on minimum wage earners.

    -- Posted by dennis on Tue, Jun 27, 2017, at 8:36 AM
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