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Minimum Wage Hike Hurts 'Minorities and Youth' Job Chances, Says Rand Paul
By PHILLIP M. BAILEY
TUE APRIL 29, 2014
Speaking in west Louisville this week, U.S. Sen. Rand Paul, R-Ky., warned that a hike to the minimum wage would hurt job opportunities for racial minorities and younger workers.
Paul made the comments at a roundtable discussion with community and business leaders that his office organized to field questions about his Economic Freedom Zones proposal.
The senator also sided with those in support of bringing a Walmart superstore to city's West End next year.
"What I will say is 200 jobs even if they pay minimum wage are a lot better than zero jobs that pay zero dollars," Paul said. "It is a fact, an economic fact, that when you raise the minimum wage the people who are hurt the worst are minorities and kids."
A spokesman in Paul's office cited work by Harvard economist Greg Mankiw and a study by National Bureau of Economic Research to back up those claims.
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