Over the years in which Viewpoint has been around we have from time to time argued that raising the minimum wage is a bad idea. In fact, it's such a bad idea that the only reason we can see for raising it is to flim-flam the young and the poor into thinking that they're being done a favor by their friendly congressperson.
Here's an economics Ph.D candidate giving a four minute presentation in which he lays out two reasons why everyone, especially the young and the poor, should oppose raising the minimum wage:
HT: Hot Air.
RLC
