The president’s new edict to increase the minimum wage of federal contractors will likely cost thousands of jobs on military bases, with on-base businesses being unable to bear the sharp increase in operating costs.
Washington Examiner, April 28, 2014The job losses that would result from hiking the minimum wage would disproportionately hit younger Americans.
U.S. News & World Report, May 1, 2014By banning unskilled laborers from accepting low-wage offers, minimum-wage laws make it harder for people to find work and harm those who are lowest on the economic ladder, condemning many to joblessness.
Barron’s, February 22, 2014