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Tuesday, November 26, 2013

'Conservative Leads Effort to Raise Minimum Wage in California'

Hmm:

Conservative Leads Effort to Raise Minimum Wage in California, by Jennifer Medina, NY Times: Ron Unz, a Silicon Valley millionaire, rose to fame by promoting a ballot initiative that essentially eliminated bilingual education in California. He went on to become publisher of The American Conservative, a libertarian-leaning magazine.
But after decades in the conservative movement, Mr. Unz is pursuing a goal that has stymied liberals: raising the minimum wage. He plans to pour his own money into a ballot measure to increase the minimum wage in California to $10 an hour in 2015 and $12 in 2016, which would make it by far the highest in the nation. Currently, it is $8 — 75 cents higher than the federal minimum.
Using what he sees as conservative principles to advocate a policy long championed by the left, Mr. Unz argues that significantly raising the minimum wage would help curb government spending on social services, strengthen the economy and make more jobs attractive to American-born workers.
“There are so many very low-wage workers, and we pay for huge social welfare programs for them,” he said in an interview. “This would save something on the order of tens of billions of dollars. Doesn’t it make more sense for employers to pay their workers than the government?” ...

    Posted by on Tuesday, November 26, 2013 at 12:24 PM in Economics | Permalink  Comments (81)


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