A new study reveals that freshman Sen. Elizabeth Warren’s (D., Mass.) concept of tripling the minimum wage relies on oversimplified and faulty data.
President Barack Obama and Senate Democrats are using widely disputed research from a pair of radical labor activists-turned-professors to justify a massive minimum wage hike that mainstream economists say will increase unemployment.
President Barack Obama’s proposal to increase the minimum wage will give a boost to union members who already earn more than the current federal minimum of $7.25 an hour.
President Barack Obama called on Congress to raise the federal minimum wage to $9 an hour during his State of the Union despite concerns from some economists that it would deflate an already weak economic recovery.
President Barack Obama delivered a longwinded and leftwing State of the Union in which he advocated in favor of increased taxes, widespread “reforms” to the nation’s gun laws, minimum wage increases, and immigration policy.
A group of economists estimate that Sen. Tom Harkin’s proposal to raise the minimum wage could add nearly 500,000 to the unemployment rolls.
Subway’s signature $5 foot-long sandwich is no more in San Francisco due to the high cost of doing business and the city’s rising minimum wage.