Friday, December 25, 2015
Kentucky Lowers The Minimum Wage
Newly elected Kentucky Governor Matt Bevin has reversed former Govenor Beshear’s move to raise the state’s minimum wage for government workers and contractors to $10.10 an hour, bringing it back down to $7.25 an hour.
While cutting the pay of government employees is always a good thing, Bevin seems to want to do even more. In the order, Bevin hinted that he would prefer the state have no minimum wage at all: “Wage rates ideally would be established by the demands of the labor market instead of being set by the government,” he said.
“The minimum wage stifles job creation and disproportionately impacts lower skilled workers seeking entry-level jobs,” Bevin wrote in his executive order.
Bevin could become one of the most significant governors in decades. He understands free market economics and has an appreciation of liberty,
(Note: When he sought the Republican nomination for the US senate against establishment crony Mitch McConnell, Rand Paul supported McConnell.)
(via Think Progress)
at 12:09:00 PM