The Minimum Wage Charade
Posted in Price Controls on Jan 23rd, 2007
Incoming House Speaker Nancy Pelosi is promising to enact legislation to increase the federal minimum wage from $5.15 to $7.25 per hour within the first 100 hours of the convening of the 110 th Congress on January 4. It would mark the first increase in the minimum wage since 1997 and the twentieth since the […]
