Among the founding principles of the Republican Party, the idea of free labor became a major factor in the Party’s growth. Th...
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...the national minimum wage have not been followed by increased employment. Looking even closer, Congress raised the minimum wage in 2009 by just over ten percent. This was followed by the loss of over 600,000 jobs for people age sixteen thru nineteen. The rates of low employment for this age group remain extremely low. Similar statistics were recorded for all age groups as relatively unskilled workers of all age groups receive the minimum wage. An argument in favor of minimum wage is that it is a stimulus that introduces new income and spending into the market. But was there more income to spend in 2009 when nearly 600,000 jobs were lost? Common sense says that every dollar a minimum wage worker receives must have come out of somebody else’s pocket, either small business owners or their customers. The money for a higher minimum wage does not come from thin air.
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