Will Teenage Minimum Wage Hurt The Poor?

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Talk to any restaurant owner and you’ll immediately get two comments: “Covid was H-E-double toothpicks” and “We might not survive Albany’s minimum wage mandate.”

Of course, both points cover many different types of businesses, but it’s the latter sentiment that impacts businesses that rely on entry level workers to butter their bread, especially restaurants (yes, the metaphor was slyly chosen).

Interestingly enough, up until 100 years ago, the Supreme Court deemed minimum wage laws illegal. In 1923 the Supreme Court declared it “simply and exclusively a price-fixing Continue Reading “Will Teenage Minimum Wage Hurt The Poor?”

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