Minimum wage hurts workers

posted by
December 30, 2010
John Stossel's Take
by John Stossel  
Posted in Commentary, PND Commentary

"That the minimum wage helps the working poor is a popular policy. Congress recently increased the national minimum from $5.15 an hour to $7.25. A CNN poll found that 86% of Americans supported the change. ... The late senator Kennedy called raising the minimum 'a fairness issue ... If you work … you should not live in poverty.' But as with so many politicians' promises, this one has awful unintended consequences. It hurts workers -- and the least-skilled workers lose the most." (12/30/10)  

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