MercatorNet: What the US gets wrong about minimum wage
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What the US gets wrong about minimum wage

The American federal minimum wage hasn’t gone up in a decade. That’s the longest wait since the US first set a minimum wage in 1938. Today, Congress is debating whether they should raise it again. But the fact that Congress has to debate it at all makes the US different from other developed countries where it is in the hands of a commission. In the US, unlike in other developed countries, the minimum wage is a political issue. That means it gets raised irregularly and unpredictably. And that causes a bunch of problems for American workers and businesses.


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