Economist Blasts $25 Minimum Wage Proposal: ‘I Think It’s Insane’
Activist group One Fair Wage is pushing a 2026 ballot effort in Maryland to get a $25 minimum wage, which would be much higher than any other state in the nation – sparking concerns from some economists about the potential impact.
“$25 isn’t radical! It’s survival,” the group posted to X on Friday morning. “One Fair Wage is pushing a 2026 ballot measure to make Maryland the first state with a true living wage for all workers.”
The federal minimum wage is $7.25 an hour, but many states and territories go beyond that, with California at $16.50 an hour and Washington, D.C., at $17.95 an hour. If One Fair Wage’s proposal went into effect, a full-time worker could make a minimum of $52,000 a year.
Maryland-based economist Rachel Greszler, Senior Research Fellow at The Heritage Foundation, said that the proposal could create serious issues because of its drastic nature.
https://www.dailywire.com/news/economist-blasts-25-minimum-wage-proposal-i-think-its-insane
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