The minimum wage has failed | COUNTERPOINT

The minimum wage has failed | COUNTERPOINT

Sage Naumann Americans are struggling with inflation, and their wages aren’t keeping up. On that, I agree with my counterpart.

Unfortunately, the folly of our government possessing the ability to issue a “correction” when it comes to wages continues to be advertised as a viable policy solution, but that is pure illusion. Good intentions, combined with a lazy reliance on government coercion, have those on the left again considering tinkering with the mechanism of a “minimum wage,” to the detriment of those whom such a policy is aimed at helping. When minimum wage policies are enacted, those who lack foundational […]

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