In 2007, when Congress was in the process of passing the “Fair Minimum Wage Act of 2007,” Larry Reed of the Mackinac Center for Public Policy argued that what members of Congress (and now President Obama) needed is not another … read more >
Now that Obama’s calling for a 24% increase in the minimum wage to $9 per hour, it might be instructive to review what happened the last time the minimum wage was increased – from $5.15 per hour in 2007 to … read more >
