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Monday, December 12, 2011

San Francisco Decrees $10 Minimum Wage

“Come New Year’s Day, . . . San Francisco makes history by becoming the first city in the nation to scale a $10 minimum wage. The city’s hourly wage for its lowest-paid workers will hit $10.24, more than $2 above the California minimum wage and nearly $3 more than the working wage set by the federal government.” (USA Today)

Cheapskates. Why not $50?

FEE Timely Classic
“The Minimum Wage’s Dirty Little Secret” by Tibor R. Machan