2024 minimum wage ballot measures: What to know

The Washington Examiner cited CEI’s expert who commented on minimum wage mandates.

But critics think that wages shouldn’t be completely set by the government but rather by the markets. Sean Higgins, a research fellow at the libertarian Competitive Enterprise Institute, said he thinks such ballot initiatives are well-meaning but argues that they are a “backwards way” of helping the working poor. “The best thing for them is simply a tight labor market where wages and benefits are rising on their own because employers are competing for workers,” he told the Washington Examiner. Higgins said that part of the reason there have been spikes in inflation is because wages keep rising. “Then the spikes in inflation cause more pressure to continually raise wages, and it becomes a wage-price spiral issue, where one is always chasing the other,” he added.

Read more at the Washington Examiner