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Obama on poverty: Let’s just get rid of it by raising the minimum wage!

By Steve McGough / February 13, 2013 /

Brilliant! I consider myself a relatively smart person, I know a lot of things about a few subjects and I’ve dabbled a little bit when it comes to running a small business, working for Fortune 50s, and even helping out at start-ups … but I never had the idea to raise the minimum wage to…

Minimum Wage… President Obama, where does the extra $3 come from?

By Steve McGough / March 3, 2014 /

It’s a very honest question, but my guess is nobody – not one person – will dare to ask President Obama when he arrives at my alma mater on Wednesday. When you arbitrarily increase the minimum wage one, two or three dollars per hour, where does the money come from? On Feb. 4, Gov. D.P.…

Without the minimum wage we would be …. Cambodia?

By Jim Vicevich / October 14, 2010 /

I love Hardball. Where else can you get great material for your blog like this?

Congress acts, and thousands lose jobs in American Samoa

By Steve McGough / May 26, 2010 /

Hello American Samoa! We’re from the government and we’re here to help you. We’re going to ensure you earn a living wage by forcing employers to pay you a minimum wage equal to workers in the United States. Sounds great right?

Does a higher minimum wage effect job stability?

By Steve McGough / March 26, 2014 /

Jim asked me to reference this article as he plans to discuss it on the big radio show this morning between 9 a.m. and noon on WTIC. The minimum wage has been a frequent topic here at RVO, and this story illustrates another – yet foreign – example.

The $15 per hour minimum wage experiment comes to SeaTac

By Steve McGough / November 6, 2013 /

Let’s see how this goes during the next two to three years shall we? It’s not a done deal, but SeaTac Proposition 1 looks like it will pass, requiring businesses to pay hospitality and transportation workers a minimum wage of $15 per hour. The previous minimum wage was $9.19, but I’m not sure what the average pay…

Redux – the economics of the minimum wage – McMahon vs Blumenthal Senate race

By Steve McGough / October 7, 2010 /

Since Jim’s discussing the minimum wage this morning – and looking for callers to argue against his point of view on the topic – I figured I would provide a few links to past posts here on Radio Vice Online concerning the minimum wage.

Uncle Sam decides to help Samoa

By SoundOffSister / June 1, 2010 /

Last week, Steve did a post on the effects of the federal government’s recent requirement that businesses in American Samoa must pay employees the federal minimum wage.  In 2007, Chicken of the Sea closed it’s plant, laying off some 2000 employees, and in May of this year, Starkist announced that it will lay off between 600 and 800 employees. …

Is the minimum wage increase helping?

By Steve McGough / September 27, 2009 / Comments Off on Is the minimum wage increase helping?

Yeah, don’t think so. So much for the increase in the minimum wage that happened in July. I’m NOT saying the increase in the federal minimum wage directly caused the problem, but the unemployment rate for the 16 – 24 age bracket now stands at 52.2 percent.

Entitlement: Fast food workers demand $15 per hour

By Steve McGough / November 30, 2012 /

Class warfare. Socialism. You’re watching it develop and take root all around us. In New York City, where some fast food employees are making minimum wage ($7.25 per hour in New York), some of them are demanding wage rates double to $15 per hour.