The folks at Employee Policies Institute – an organization dedicated to public policy as it relates to growing jobs – has fired what might be the first salvo challenging Gov. Sarah Palin’s “conservatism”.
Apparently Alaska has a minimum wage law being proposed that would make future minimum wage increases automatic. Here’s how EPI depicts the issue:
Sarah Palin will soon have to cross her first fiscal policy hurdle since November’s election when a minimum wage indexing bill crosses her desk. No matter how you slice it, putting mandated wage increases on “autopilot” is a bad idea. The overwhelming majority of economic studies show that minimum wage hikes cause job losses for lower skilled workers. In a bad economy that’s the last thing we need. Governor Palin needs to prove that she has the will to stand up for economic principles and oppose automatic minimum wage hikes in Alaska.
Read more about this issue at EPI [1].