What the New York Times doesn’t get about the minimum wage

Published January 3, 2017 4:12pm ET



In a Monday editorial, the New York Times scolds President-elect Trump for not supporting an extreme increase in the federal minimum wage. “State and local raises, while laudable, are not a substitute for a federal raise,” the editorial board writes.

While the editorial acknowledges that states and localities are seemingly doing more than ever to raise their minimum wages above the federal status quo, it fails to acknowledge the reason why these changes are better than a one-size-fits-all federal minimum wage: The cost of living varies widely across the country.

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