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Eric Garcetti
Why mandating higher minimum wage isn't best way to address poverty
Why mandating higher minimum wage isn't best way to address poverty

Los Angeles Mayor Eric Garcetti and Chicago Mayor Rahm Emanuel, among other city and state officials across the country, have recently proposed raising the minimum wage well beyond the current state-mandated levels of $9 an hour in California and $8.25 in Illinois. And public opinion polls generally show widespread support for these actions. At first blush, what's not to like: Low-income workers could take home from $1,000 to $5,000 more a year, and in an era of increasing inequality of income and poverty rates that hover around 15% nationally, that is not an insignificant boost. Yet this advocacy raises some troubling questions, among them whether it's an appropriate...

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