This Is Why The Minimum Wage Is Such A Horrible Idea: “It’s Simple Economics Really”

In case you haven’t heard, the Oregon state legislature has recently approved a new minimum wage, and Governor Kate Brown has already agreed to sign it. This minimum wage law will be very different from the wage laws of most states, in that it will vary on a region by region basis. There will be gradual increases in each city and rural county until the year 2022. At that point, the city of Portland will have a minimum wage of $14.75, smaller cities will be at $13.50, and rural areas will be at $12.50.

But for all their good intentions, the leftists that pushed this legislation through have no idea what they’re in for. It will be rife with unintended consequences. Take for instance, what…


This post was originally published on this site
Comments are closed.

Copyright 2010-2013 Patriot Powered News