Excerpted from a Ralph Nader op-ed at USA Today.
The long-standing effort to raise the federal minimum wage is approaching showdown time. Opinion polls show consistent support for a raise across the political spectrum. Cities from Washington to San Jose have passed significant local increases, and more are on the way. Last week, President Obama upped the ante with a push for higher overtime pay.
Scared, the same corporate establishment who declared through the National Association of Manufactures in 1937 that the minimum wage would be “a step in the direction of communism, bolshevism, fascism and Nazism” has resorted to spewing out every broken-record argument in the book. Though the minimum wage has been increased 22 times without calamity, the broken record continues to spin. This tune is getting tedious.