Over the last few months, the push has been on to raise the minimum wage. While increasing the wage sounds altruistic, in reality, it harms many of the people it should be helping. Tuesday’s Congressional Budget Office (CBO) report — which showed that up to a million people could lose their jobs if the wage was hiked to $10.10 — serves to hammer that point home.
I discussed those policy problems in a KCPT interview broadcast last week, which can be viewed below.
About the Author
Patrick Ishmael is the director of government accountability at the Show-Me Institute. He is a native of Kansas City and graduate of Saint Louis University, where he earned honors degrees in finance and political science and a law degree with a business concentration. His writing has been featured in the Los Angeles Times, Weekly Standard, and dozens of publications across the state and country. Ishmael is a regular contributor to Forbes and HotAir.com. His policy work predominantly focuses on tax, health care, and constitutional law issues. He is a member of the Missouri Bar.
