August 16, 2016
Why Federal Minimum Wage Laws Should be Repealed
The minimum wage is an issue this campaign season but there is a different approach I have not heard mentioned very much. What if we could simultaneously try 50 different approaches and determine which approach is the most effective? Let me elaborate.
The federal minimum wage requirement was originally determined to be unconstitutional by the Supreme Court. After FDR threatened to pack the Supreme Court with an additional 6 justices, the Supreme Court gave in to pressure and ultimately ruled the federal minimum wage to be constitutional.
Per the original Articles of Confederation and the Subsequent Constitution, the federal government was given a limited set of powers. The states and local governments were the source of most laws and regulations, thus keeping government closer to the people. Keep this in mind as you consider my proposal.
In the developed world some countries do not have a required minimum wage. In 2014, seven European...(Read Full Post)
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