Edit: Minimum Wage Game Changer

President Obama wasn’t speaking to a bunch of small business owners on Labor Day when he once again lauded the importance - the necessity? - of significantly raising the minimum wage. No, the president addressed a union gathering of some 6,000 like-minded souls who fervently favor bosses making less and employees making more. Until they become bosses, anyway. But something in the president’s speech shook our little soapbox. Believing strongly, as we do, that free markets and not government should determine what private sector employees are worth, we were unprepared for the president’s assertion that states raising the minimum wage on their own are adding jobs faster than states holding pat on minimum wage/ Coeur d’Alene Press Editorial Board . More here .

Question: Do you think the federal minimum wage — and Idaho’s — of $7.25 is adequate?