Nine Reasons Why The Minimum Wage Is A Terrible Idea

by Ira Stoll.          President Obama and congressional Democrats are pressing to increase the federal minimum wage to $10.10 an hour. Here are nine reasons why that’s a bad idea. 1. It’s a big country. The costs of living, especially housing, vary widely in America from state to state and city to city. If the point of raising the minimum wage is to    ... MORE