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Chuck Collins: Slapping The Invisible Hand

By Chuck Collins
TomPaine.com, 1/29/07

The Senate is scheduled to vote as early as Tuesday to raise the minimum wage for the first time since 1997.

The usual array of “Chicken Littles” have claimed a hike in the wage floor will be bad for business and hurt low wage-workers. Earlier this month, columnist George Will suggested that the “minimum wage should be the same everywhere: $0. Labor is a commodity.”

So it’s surprising and refreshing when you meet small business owners and CEOs who believe the opposite: that competing on the basis of who pays...

Journal Record: Oklahoma business owners support minimum-wage hike

By Marie Price
The Journal Record (Oklahoma City), 1/22/07

About 250 business owners, executives and association officials have signed a statement asking Congress to increase the minimum wage from $5.15 per hour, where it has been since 1997. The U.S. House of Representatives has passed a measure raising the minimum wage to $7.25 an hour over two years. The U.S. Senate has yet to follow suit. About a dozen of the signers are Oklahoma business people.

Women's Wear Daily: Senate Expected to Add Tax Breaks to Wage Bill

By Kristi Ellis
Women's Wear Daily, 1/22/07

... Sen. Edward Kennedy (D., Mass.), a longtime champion of an increase who opposes the tax incentives, circulated a statement at a Friday press conference signed by hundreds of small-business supporters, including Eileen Fisher, president and chief executive officer of Eileen Fisher Inc.

"Higher wages benefit business by increasing consumer purchasing power, reducing costly employee turnover, raising productivity and improving product quality, customer satisfaction and company reputation," the executives said in the letter...

Stefani Greenfield, co-owner of Scoop, which operates 11 contemporary boutiques employing more than 350 people...

Dow Jones: Top Senate Democrat Predicts Quick, Clean Min Wage Vote

By John Godfrey
Dow Jones Newswires, 1/19/07

...Speaking at a press conference with Kennedy, Lew Prince, owner of St. Louis's Vintage Vinyl, a retail record store, said a minimum wage hike would help his business by giving his customers more to spend.

Edward Kuntz, executive chairman of the board for Kindred Healthcare Inc. (KND), also backs the increase...

WASHINGTON (Dow Jones)--One top senator predicted Friday that Congress will pass and President George W. Bush will soon sign into law a minimum wage increase without any other extraneous measures attached.

"The final bill will be a...