The Case against a National Minimum Wage

One of the major agenda items for the new Democratic House majority is a proposal to more than double the federal minimum wage, from $7.25 an hour to $15 an hour. The last such hike came in 2007, the last time Nancy Pelosi and her caucus took over the House; a recession and spike in unemployment followed, curbing further demands for minimum-wage increases. The fundamental problem, however, is not with the minimum wage so much as the national minimum wage. READ MORE