In the Nation's Interest
Op-Ed by Steve Odland Explains Unintended Consequences of Minimum Wage Hike
Last week, in his fifth State of the Union address, President Obama promised to use his executive authority to raise the minimum wage for federal contractors to $10.10/hour.
It’s a small step that he hopes will stir Congress to act on a larger issue: a mandated increase across the country for all minimum wage earners.
This isn’t the first time the administration has discussed their desire to enact these sweeping changes; a similar plea was made in in last year’s address. Their premise is simple: American workers deserve to earn a “living wage,” to have a fighting chance at the American dream.
I agree, but raising the minimum wage unfortunately won’t get them there.
Read the full op-ed here.