Dr. Williams exposes an ugly, pernicious history in “Mandated Wages and Discrimination.” Although it is likely unintentional among “Progressives” today, the result of an arbitrary, non-market driven increase in the minimum wage, serves to lock out from employment altogether, young, uneducated and unskilled largely minority youth . . . a dream of the Southern Democrats who crafted Jim Crow laws; and of Northern “Progressive” Democrats content to keep Negroes out of the union dominated industries of the North.
Dr. Williams eludes to a modern phenomenon, unions favoring a higher minimum wage still, even though they’ve been invaded by “Coloreds.” Why would that be? you ask. Because most labor contracts and “project labor agreements” incorporate mandatory escalation clauses. If the minimum wage rises, by formula, contractual wages rise and employers, particularly governments – or taxpayer owned businesses if you will – must pay the higher rate for which they didn’t contract.
Occam’s Razor my Friends . . .