Their view: Minimum wage laws harmful to all

Walter Williams, a professor of economics at George Mason University and libertarian columnist, is convinced that minimum wage laws hurt us all. Here’s a sampling from a recent column:

Businesses anticipate wage raise

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By Mickey Winfield: PNT Staff Writer A $1 rise in the New Mexico minimum wage taking effect in about a week has local business owners scrambling to find ways to make up the difference. On January 1, the state mandated minimum wage increases from $6.50 per hour to $7.50 per hour. Tom Martin, the owner […]

Minimum wage an unfair intrusion of government

Editorial Last month, many people with apparently little or no knowledge of economics heralded the arrival of a higher federal minimum wage. Although it’s true the mandated wage had held steady at $6.55 an hour since 1997, individual workers have been moving up the wage scale and improving their value to the market since then. […]

Legislators aim to tackle wage exceptions

Staff and Wire Reports Lawmakers are moving quickly to help cities and counties avoid millions of dollars in overtime pay for police, firefighters and some other workers. The Senate approved a bill on Wednesday to fix a problem that occurred last year when the state enacted a higher minimum wage. The bill now goes to […]

Minimum wage boost hits Tuesday

By Sarah Meyer: Freedom New Mexico New Mexico employees working at minimum wage jobs will get a 65-cent pay raise Tuesday, but local business owners say the increase is likely to cause more problems than it solves. The state minimum wage jumps to $6.50 an hour beginning Tuesday from the current federal minimum wage of […]

Minimum wage law could affect overtime

By Sharna Johnson: Freedom New Mexico An element of the new state minimum wage law could cost local governments tens of thousands of dollars in overtime pay and is drawing opposition from city officials across the state. The new law, effective Jan. 1, cements a work period as 40 hours in seven days with no […]

Court’s pricing decision shows good judgement

Editorial It might not sit well with Wal-Mart, Costco and some Internet retailers. But the Supreme Court’s decision last week to reverse a 1911 precedent and allow what is called minimum retail pricing or vertical pricing — or at least not to conclude automatically that such schemes violate antitrust laws — was a welcome sign […]

Wage hike Richardson’s ‘crown jewel’; business owners disagree

By Karl Terry and Sharna Johnson: Freedom Newspapers As the clock ticked down on the 2007 New Mexico Legislature, a lobbying effort by Gov. Bill Richardson produced a state minimum wage. Legislation to raise the minimum wage from $5.15 to $7.50 won final approval Friday when it narrowly passed the Senate. Richardson called it the […]

Udall talks wages, health care in town hall

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By Karl Terry: PNT Managing Editor Minimum wage and health care were the dominant topics Monday during U.S. Rep. Tom Udall’s Town Hall Meeting at Portales City Hall. The wide-ranging discussion also covered topics from student loans to the Iraq War. It was Udall’s first meeting in Portales since Democrats took control of the U.S. […]

Minimum wage bill flies through Senate

By Karl Terry: PNT Managing Editor Moving with a speed that surprised some legislators, the state Senate approved a minimum wage bill 35-7 late Friday, sending it to the House before a House version received a chance to get on track. Sen. Gay Kernan, R-Hobbs, said she’s fundamentally opposed to a state minimum wage and […]