POLITICS 11/01/2018 12:50 pm ET Larry Kudlow has an interesting message for all those moderate voters in battleground districts as they head to the polls. By Dave Jamieson Five days ahead of the midterm elections, President Donald Trump’s top economic adviser took to trashing the minimum wage. “My view is a federal minimum wage is a terrible idea ― terrible idea,” Larry Kudlow, director of the White House’s National Economic Council, said in an interview with Washington Post Live on Thursday. The federal minimum wage has been on the books since the Great Depression to prevent employers from paying exploitative wages. It is currently set at $7.25 per hour, which translates into an annual salary of about $16,000 for a full-time worker. Polls show that voters on both sides of the aisle not only approve of the concept of a minimum wage, they wish Congress and the White House would raise it. But the man leading the president’s economic team is no fan. Kudlow noted, correctly, that the cost of living varies widely from state to state, and that “Idaho is different than New York. Alabama is different than Nebraska.” “That’s why the federal minimum wage doesn’t work for me,”… Read full this story
- Can Donald Trump fire his impeachment lawyers Bruce Castor and David Schoen after rocky start?
- Trump Fires Warning Shot in Battle Between Bannon and Kushner
- Trump endorses Michigan AG candidate who served as attorney in failed election fraud suit
- Book World: Trump and Biden, living in different realities
- 'A seriously dumb idea': Why did the NT lease Darwin's port to China?
- Why corporations and the wealthy should back Democrats' middle-class tax cut
- Second Chance for ‘Obamacare’ Repeal. And for Reince Priebus.
- Mark Milley insists calls to China are "routine" part of job in first public comments
- Book World: Breyer's rosy view of an apolitical Supreme Court
- Mass migration heightens simmering tensions in border community
Donald Trump's Top Economic Adviser Thinks The 'Federal Minimum Wage Is A Terrible Idea' have 312 words, post on www.huffingtonpost.com at November 1, 2018. This is cached page on VietMaz. If you want remove this page, please contact us.