The Minimum Wage Hurts the Poor

"Actually, it’s the exact opposite. The minimum wage can play a vital role in keeping hard-working families below the poverty line by preventing them from working..."

"Thus, if one wants to help the working poor the best thing he can do is to repeal minimum-wage laws to ensure that they all can work."

"How can workers be assured of being paid the highest possible rate? Through the virtues of competition. They look around and see what other businesses are paying workers, and if they are paying more, employees ask for a raise or leave for better pay. Therefore, it is in the interests of the working poor to have a marketplace where there are multitudes of businesses opening up, successfully serving consumers, and competing for workers."

The Minimum Wage Hurts the Poor