Oped Archive

  • Most economists oppose the $15-an-hour minimum wage – Here’s the stunning reason why

    March 2019 ·  Llyod Corder ·  Fox News

    According to an old saying, if you ask five economists for advice you’ll get five different answers. But when it comes to a $15-an-hour federal minimum wage, economists are in near-universal agreement: it’s a bad idea. That's the conclusion of a new survey conducted by CorCom Inc., the company I head. The survey was released this week by the Employment Policies Institute. The survey coincides with the push […]
  • Dems should follow Bill Clinton’s lead on minimum wage hike

    January 2019 ·  Michael Saltsman & Samantha Summers ·  The Hill

    One of the Democrats' top priorities in the new Congress is a $15 minimum wage — a 107-percent increase over the current standard. Before embracing a federal wage mandate for which there's no historical precedent, party leaders should take a lesson from former President Bill Clinton. Clinton was a champion of a higher minimum wage, and in 1996 he signed into law a 21-percent federal wage hike. (In […]
  • As minimum wage kept growing, restaurants didn’t

    January 2019 ·  Michael Saltsman ·  Crain's New York Business

    Has New York’s minimum wage experiment been a success or failure? For Gov. Andrew Cuomo, the verdict is all positive. He described the state’s minimum wage—which in New York City rose to $15 an hour Dec. 31—as a “national example in the fight for economic justice.” But employment figures paint a less-rosy picture. New York has more than a dozen different minimum wage rates depending on a business’s […]
  • A $15 Minimum Wage Goes National

    November 2018 ·  Michael Saltsman ·  Wall Street Journal

    The “Fight for $15” minimum-wage movement has fought its way to the top of Democrats’ 2019 agenda. Rep. Bobby Scott, a Virginia Democrat expected to chair the House Education and Workforce Committee next year, promised a minimum-wage bill would “be one of the first we consider.” Nancy Pelosi boasted last year that a $15 minimum wage would pass “in the first 100 hours” of a […]
  • Flagstaff considers a do-over on Fight for $15

    November 2018 ·  Michael Saltsman & Samantha Summers ·  Washington Examiner

    Following Amazon's announcement that it was raising its starting pay rate to $15 an hour, Sen. Bernie Sanders, I-Vt., said Congress should mandate the same for the entire country. But one of the few U.S. locales to actually embrace a $15 minimum wage — Flagstaff, Ariz. — is currently having second thoughts about the merits of the policy and might soon undo it. The story starts in 2016, […]
  • The Fight For $15 Sets Its Sights On A $20 Minimum Wage

    November 2018 ·  Michael Saltsman ·  Investor's Business Daily

    Has the Fight for $15 set its minimum wage aim even higher? In Oakland, voters will consider Measure Z, which would set a minimum wage as high as $20 an hour — that's $40,000 a year, full-time — for the city's hotel employees. In San Francisco, Mayor London Breed and the Board of Supervisors recently reached a deal to fund a minimum wage of up to […]