Today, Peter Schiff, former economic advisor to Ron Paul and President of Euro Pacific Capital, released an excellent video on the case for ridding the Federal Minimum Wage, which is soon to be $7.25 nationally. He is currently staying at the Bally's hotel in Las Vegas.
In this video, he also releases new information on his run for Senate at SchiffForSenate.com.
Justin,
As far as I'm aware, the Federal Minimum wage level will be $7.25 per hour effective July 24, 2009. Just thought you'd like to have the correct wage in your post.
source: http://www.dol.gov/esa/WHD/minimumwage.htm
Hm, looks like you're right! Thanks for the correction.
21 states already pay above the Federal minimum wage, and guess what? The 6 states with the highest minimum wage are also 6 of the brokest states.
Read about it, and stick around for more good content.
http://libertarianhumor.com/2009/07/10/coincidence-i-think-not/
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