Harry Reid Politicizes Minimum-Wage Workers
In my Daily Caller column this week, I argue Sen. Harry Reid (D-NV) 13% has been dragging out the idea of a minimum wage increase for political reasons in an election year, not to mention the harm such a proposal would inflict on low-wage workers:
For the better part of 2014, he has drawn out a promise to have a vote in the Senate on increasing the federally mandated minimum wage from $7.25 to $10.10 per hour. The long awaited move is supposedly coming next week.
As one marketing consultant puts it, “whatever the good news, “talking it up” in advance creates the anticipation you need to attract media attention, capture buyers imaginations, and even interest investors.”
Harry Reid’s “good news” is raising the minimum wage via a proposal offered by Sen. Tom Harkin (D-IA).
Ignore the fact that such an unprecedented increase would effectively cut off the bottom rung of the economic ladder for hundreds of thousands of low-wage workers. Ignore the nonpartisan Congressional Budget Office (CBO) report from February estimating the proposed minimum wage hike would eliminate 500,000 jobs.
Reid’s sure ignoring it. “This raise only gets people out of poverty, that’s all it does,” Reid suggested earlier this month.