Minimum wages 101
The issue of minimum wage adjustments always invokes a lot of debate and invokes the usual (boring) reactions from employer groups and conservative economists. Their narrative is always the same: you cannot have a minimum wage rise because it will cause unemployment among the low-skill ranks of the workforce. If you believed their logic, then there never would be a minimum wage rise. The reality is that there is no evidence available to support these notions and lots of evidence to refute it. The new problem is that the current Federal government is now aligning with the conservatives and using the same defective logic to oppose any reasonable rise in the minimum wage. Its that time again. Time to debrief.