A ‘one-size-fits-all’ $15 an hour national minimum wage is really a ‘one-size-fits-none’ minimum wage

From Mark Perry

The huge variation in cost-of-living around the country is just one more, among dozens of other, reasons that a uniform $15 an hour federal minimum wage is terrible public policy — it’s a blunt, one-size-fits-all, federal government price control that applies uniformly to every community in America with no adjustments for the significant differences in living costs throughout the US.

Great tables in the link, too.

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