Why The Minimum Wage Has Never Worked, Will Never Work, And Only Devastates Poor People

The minimum wage is a hot topic right now with a lot of ill-informed people having very loud opinions about what it should or shouldn’t be and what the government should or shouldn’t do. As Latter-day Saints we are of course drawn into the discussion because we, as a matter of commandment, have been directed by the Lord to care for the poor and needy, to uplift the sick and afflicted, to lift up the heads that hang low, and to strengthen the feeble knees of those ready to collapse under life’s burdens. But, caught up in the tumult of political opinion, many of us have no idea what we should or shouldn’t do regarding a great many things, including the minimum wage.

This article is meant to address that by looking at the effects of the minimum wage on poverty, jobs, prices, monetary value, income inequality, and its roots as a racist practice designed to cripple the ability of minorities and women to care for themselves and their communities. After looking at all the evidence of history the conclusion becomes inescapable – the minimum wage is a racist policy designed to destroy the ability of poor people, especially minorities, to be able to care for themselves or improve their lives and that if we want to actually help everyone in society, including helping those in need, we must take drastic action to rein in government actions, including abolishing the minimum wage.