Raise the minimum wage, we slow hiring: Businesses

CNBC ^ | Wednesday, 19 Mar 2014 | CNBC.com staff

[xzins]

The great division among businesses and economists over the impact of raising the minimum wage rages on. More than half of all businesses who pay minimum wage say they would significantly slow their hiring if the federal wage is raised to $10.10 per hour, according to a new survey from a staffing firm that was cited by The Wall Street Journal.

[Amendment10]

More than half of all businesses who pay minimum wage say they would significantly slow their hiring if the federal wage is raised to $10.10 per hour, ...

As mentioned in related threads, as a consequence that parents are not making sure that their childen are being taught the federal government's constitutionally limited powers, it's no surprise that business owners aren't arguing the following concerning so-called federal minimum wage.

With the exception of the federal entities indicated in the Constitution's Clauses 16 & 17 of Section 8 of Article I as examples, entities under the exclusive legislative control of Congress, the states have never delegated to the feds the specific power to regulate a national minimum wage or overtime. Only the states have the 10th Amendment-protected power to regulate intrastate labor wages

In fact, federal lawmakers probaby find it convenient to try to get themselves reelected on the constitutionally indefensible promise of higher federal minimum wage since lawmakers are probably as clueless about the federal government's limited powers as the business owners and minimum wage voters who elected them are - regardless that RINOs in the HoR have read the Constitution out loud at the beginning of the last two new legislative sessions.

[proxy_user]

They typically get better jobs at higher pay somewhere else. You are left with the guys no one else will hire.