McDonald's, Unions And The Minimum Wage

See Unions Cast Ronald McDonald as Simon Legree: The SEIU is leading protests to 'supersize my wage,' but a minimum-wage hike would mean fewer jobs By STEPHEN MOORE of the WSJ, 8-17/18-13.

"Most of the evidence shows that super-minimum wage laws force businesses to reduce hiring and are counterproductive in reducing poverty."

"An exhaustive study this year by the National Bureau of Economic Research found that "minimum wages pose a tradeoff of higher wages for some against job losses for others," with unemployment rising most for teenagers. "

"...the activists rarely mention the federal Earned Income Tax Credit that supplements the full-time, minimum-wage salaries by up to $6,800 a year."

"President Obama put most of his chips on green jobs, promising five million of them for the middle class. Only a small fraction of those jobs have materialized. And ObamaCare's mandated health benefits have already begun to push more employees into part-time jobs."

"There's at least one place where you're unlikely to find the SEIU besieging fast-food restaurants with protesters: North Dakota. The state has thousands of unfilled jobs thanks to the oil boom, and fast-food workers really do earn as much as $15 an hour and even get $500 signing bonuses. There's nothing better for workers at every level of employment than a flourishing economy."