Comment and analysis on all things Charlotte

Speaking of counterproductive Obama Administration policy ideas…

There’s the proposal to raise the minimum wage. Keith Hall explains why that’s a made idea in a opinion piece for U.S. News & World Report here. A highlight:

Common sense dictates that raising the cost of hiring the least skilled workers will prompt employers to reduce employee hours, cut back on staff or replace employees with updated technology such as automated scanners. Further, despite what supporters of a higher minimum wage have said, there is a significant amount of economic research that finds raising the minimum wage by a much more modest amount than what is being proposed only benefits some workers at the expense of jobs for others – particularly the least skilled and experienced workers such as these.

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