A new report by the nonpartisan American Legislative Exchange Council (ALEC) ranks the economic competitiveness in the 50 states, and while Washington’s rank over the past ten years (2000-2010) isn’t too bad, the future looks grim.
I noticed an interesting Washington Post article this week. It reports that Democratic mayors in Los Angeles, Chicago, Cleveland, Newark and Boston are challenging teachers unions. It is unusual for elected leaders in major cities to identify local unions as one reason reforms cannot be achieved. According to the story, these mayors:
Washington Policy Center has long warned that a high minimum wage reduces job opportunities and increases the cost of living. The economics of it is simple. The minimum wage is a price control that requires employers to pay workers a higher hourly wage. That means they can afford to hire fewer workers, or they pay the inflated wages and pass the increased costs onto the customer, or a combination of both.