Stop the Minimum Wage Madness: commentary and evidence ABQ’s hike is harming workers

Rio Grande Foundation president Paul Gessing recently explained in a 2 minute editorial for KUNM 89.9FM that raising the minimum wage actually harms the very people it is meant to help.

Interestingly enough, Santa Fe’s minimum wage will be rising to a nation’s-highest rate of $10.51 an hour in March.

Having just taken effect at the beginning of 2013, Albuquerque’s minimum wage hike is already forcing businesses to make tough decisions and resulting in worker layoffs. Check out stories here and here.