Last week, The Washington Post published an editorial skeptical of current proposals in Congress to raise the federal minimum wage to $15 an hour. Among their objections, the Editorial Board argues the policy, as currently structured, raises the cost of entry-level labor “very rapidly and to an unprecedented level.”
Curiously, the newspaper, which is owned by billionaire Jeff Bezos, seems to be at odds with another Bezos-headed enterprise: Amazon.
Amazon has been actively lobbying Congress to adopt a $15 minimum wage. The company has been running advertisements in publications that target D.C. politicos and even penning opinion pieces in favor of the idea. If Amazon truly cares about workers, company executives should give the Post editorial a thorough read. They should be able to get a free copy considering they’re under the same ownership.
It features a new report released by the nonpartisan Congressional Budget Office (CBO) that estimates raising the federal minimum wage to $15 an