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Minimum Wage Increase Leads to Higher Teen Unemployment Rate

WSJ.com lays bare the utter destructiveness of the minimum wage to low-skilled/entry level job prospects.

Next time you hear union bosses and politicians chanting “America needs a raise,” consider how many kids who want a job are being tossed out onto the street.  There are, of course, a number of undesirables who just may offer them employment of the less-than-honest type.  But beyond this, isn’t it time to review the minimum wage and its real purpose, which is to protect unions from wage-competition and create a higher benchmark against which they can negotiate their own wages?

Intrinsically anti-free-market, the minimum wage is a terrible idea and should be eliminated.

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