Charles Arlinghaus: A minimum wage hike will hurt low-income Granite Staters
Specifically, the higher wage will make it more expensive to hire entry-level workers, and it will reduce opportunities for lower-skill workers trying to build job experience.
We would all agree that doubling or tripling the minimum wage would naturally reduce the number of jobs available. A company that can afford a small number of employees at $7.25 per hour will have fewer employees for fewer hours if we make it pay $15 or $21 per hour. Companies, already reluctant to add jobs because of economic uncertainty, will add fewer jobs and cut back hours.
Charles M. Arlinghaus is president of the Josiah Bartlett Center for Public Policy, a free-market think tank in Concord.
READER COMMENTS: 0
- Rep. Terie Norelli: New Hampshire workers deserve higher minimum wages - 0
- Les Bernal: Why don’t casino advocates and executives patronize casinos? - 0
- David Harsanyi: Do most Americans agree with Demsocrats? - 3
- Sam Cohen: ‘No compromise’ gun groups shoot themselves in the foot - 7
- Kathy Sullivan: Scott Brown’s prospects for a U.S. Senate win are poor - 17
- Deroy Murdock: A 'reset' with Russia that would get Putin's attention - 0
- Helen DePrima: How Obamacare worsened my health insurance - 20
- Jonah Goldberg: On Russia, Obama is stuck in the past - 3
- Ray Wieczorek: Joe Kenney is the man for the job - 1
READER COMMENTS: 0
- Excess school money may target crowded classes in Manchester - 0
- Nashua board members apologize for signingCommon Core letter - 0
- Sen. Shaheen participates in all-night climate change ‘talkathon’ - 0
- Ian Clark's On Hockey: Monarchs' Derek Forbort in the right place at the right time - 0
- Educators, advocates speak to new standards for use of force - 0
- Two Manchester health clinics working on merger plan - 0
- Manchester CrimeWatch: City woman connected to fatal crash in court again - 0
- Franklin’s newest police recruit, a German shepherd pup, can smell trouble - 0
- VFW still eyeing old Crown Hill fire station in Nashua for new home - 0
Allenstown rejects town and school budgets
Crowley elected in Northfield
John DiStaso's Granite Status: Shaheen among speakers at Senate Dems' climate change 'talkathon'