To the Editor: Despite extensive research and a copious amount of studies that prove that raising the minimum wage hurts those that it is supposed to help, the topic was once again proposed by New Hampshire Democrats this session.
Across the nation we have seen the minimum wage raised in areas such as California, Seattle, and right next to us in Massachusetts. Many economists across the United States have come to the same conclusion — raising the minimum wage may help some, but it destroys opportunities for the least-skilled employees.
Due to minimum wage increases, employers must raise the wage of all employees or risk losing them to the competition. My payroll would increase, so I would have to raise prices and risk losing customers; or cut my employees’ hours; or lay off some of my employees.
There is no doubt that low-skilled employees suffer under an increased minimum wage — they lose hours, take home less money, and can even lose their jobs.
With a minimum wage increase, no one wins — not me, not the public, and certainly not my minimum-wage employees. I’m thankful that Gov. Sununu did the math and vetoed this bill as it would have resulted in a similar disaster — such as increased retail prices at the local businesses we love, or higher unemployment — that we see occurring in other regions where a minimum-wage increase has been implemented.
We need to take numbers into account when drafting legislation.