In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010
A young drug dealer once asked for a job on a public housing project in San Francisco. He approached Chris Albert, president of Willie Electric Company, hoping to get out of drugs and into legitimate work.
Unfortunately, because of the high wages dictated by the minimum wage law, the contractor couldn’t afford to take a chance on an unskilled man with no job record. The young man came back two days later and begged to be employed at a lower wage. “I won’t tell the law,” he promised.
“I want to make a better life for me and for my mom, and for my little sisters and brothers.” Unwilling to risk legal problems, the contractor reluctantly refused.
Two days later the young man was shot and killed. Maybe he’d be alive today if the minimum wage laws had not prevented him from working instead of being on the streets.
—Mary Ruwart, Healing Our World
Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter Schiff
Minimum-wage laws are one of the most powerful tools in the arsenal of racists. —Walter Williams
