Minimum Wage Stuff
Pretty even handed look at the minimum wage controversy here.
This Craiglist guy has his own take on the politics of minimum wage, although it seems a bit brief. I wish he'd had kept going. Might have made a great essay if he organized his thoughts better.
As for me, I'm sympathetic to those wanting to raise the minimum wage, but wonder how much good it really does?
I recall decades ago there was an effort to raise the minimum wage. The unions were amongst the most vocal supporters. The minimum wage was raised. I recall feeling somewhat chagrined when those same unions pointed to the new minimum wage as a reason to raise their own wages.
And so it goes. The price of things go up. Everyone raises their wages as a result, and the minimum wage earners end up back at square one.