Wall Street Journal: Wage debate takes the stage
By Melanie Trottman
Wall Street Journal, Dec 23, 2012
A dozen states and cities will raise their minimum wages on Jan. 1, and efforts are afoot in Congress and several state legislatures to push through increases next year, spurring fresh debate about whether such efforts would help or hurt the already sluggish economic recovery.
The minimum wage will increase in 10 states—including Florida, Ohio and Colorado—as well as San Francisco and Albuquerque, N.M., on Jan. 1. San Jose, Calif., will raise its minimum wage in March. Ten of the increases are inflation-related triggers, while the...