The Conservatives’ Secular Problem: Lovin’ Low Wages

The Weekly Standard’s Bill Kristol (part of Thursday’s Big Con Face-Off, RSVP now!) today published online this from Irwin Stelzer, warning fellow conservatives of horrible developments ahead:

…part of the Democratic party’s tilt in favor of “the little guy,” [is] to raise the minimum hourly wage from $5.15 to $7.25.

That is designed to help directly the 5.6 million workers (4 percent of the workforce) now earning less than $7.25 per hour, and indirectly the 7.4 million (6 percent of the workforce) earning close to that wage whose pay would also go up. To them, the recent election has mattered. As it will for those whose jobs disappear because they are not profitable workers at the new, higher wages.

This is more evidence the conservatives’ secular problem persists.


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