Congressman Arrington Talks Minimum Wage Increase and Budgeting
Monday on KFYO Mornings with Dave King and Matt Martin, Congressman Jodey Arrington joined Dave King and Matt Crow to talk about budgeting, recent and controversial 9/11 comments, possibly raising the minimum wage to $15 in the US, government mandates and taxes, and more.
On the topic of the possibility of raising the minimum wage in the US to $15, Arrington discussed his opinion on why that would not be a good idea, saying,
We have more jobs than we have people to fill them because of free market policies, where we put more freedom in the marketplace, less government tax, less government regulation, and now wages are growing faster than they have in over a decade, and the fastest growth and the biggest gains are on the lower end of the income spectrum. So workers are benefiting from the tax cuts and deregulation, and all that more mandates and government interventions are going to do is increase unemployment.
Arrington went on to say that the Congressional Budget Office says that we would lose almost 4 million jobs because small businesses cannot afford such a big minimum wage increase.
Watch the full interview with Congressman Jodey Arrington in the video above.