(Spartanburg, S.C.) Herald-Journal
Ted Kennedy and John Kerry are pushing for an increase in the minimum wage. They say increasing it will help low-wage workers get out of poverty.
It sounds like a compassionate idea, but it isn't grounded in reality. In fact, increasing the minimum wage would hurt those low-wage workers by taking away their jobs. ...
Raising the minimum wage kills jobs.
Suppose you own a small business employing five people earning the minimum wage. If Kerry and Kennedy were successful, they would force your payroll to rise 36 percent. Many small businesses cannot afford that increase. ...
And the poor people that Kerry and Kennedy say they want to help are those who will lose their jobs. ...
Congress should truly help the poor and refrain from raising the minimum wage.
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