The Wrong Prescription
Raising the minimum wage is an overly simplistic way to make housing more affordable for low-income people

By KEN WYSOCKY | Fall 2020

Solving the national affordable housing crisis is pretty darn easy: Just raise the minimum wage.

Or at least that’s what the national and local media, including the Milwaukee Journal Sentinel, would have their readers believe with their coverage of a report issued in July by the National Low Income Housing Coalition (NLIHC). The coalition, as its mission statement announces, is dedicated solely to achieving socially just public policy that ensures low-income people affordable homes.

The coverage of the report, which focused almost exclusively on liberal talking points, does a disservice to readers, citizens and policymakers. With almost no challenge from other perspectives, these stories offer an absurdly simplistic solution to an extremely complicated problem, one that has defied solution for decades and that cost taxpayers $51 billion in federal housing assistance last year alone.

The media narrative conveniently ignores the many studies that show raising the minimum wage can actually hurt employment of unskilled workers.

Read the entire article here.
To read more articles from the Fall 2020 issue of Diggings click here.
Donate
Our work in advancing free markets, opportunity and prosperity in the Badger State is only made possible by the generous donations of our supporters. The Badger Institute is a tax-exempt 501(c)(3) organization. We do not accept any government funding.
 
If you have any questions, please contact development associate Kirsten Golinski at
 [email protected] or 229-894-4496. 
We believe competitive free markets, limited government, private initiative and personal responsibility are essential to our democratic way of life. The Badger Institute is a nonprofit, 501(c)(3) tax-exempt organization and does not receive government funding. Our work is funded solely through tax-deductible gifts from foundations, companies and individuals. We appreciate your support.
Contribute
Facebook
Twitter
Website
Copyright © 2020 Badger Institute, All rights reserved.
You are receiving this email because you opted in via our website.

Our mailing address is:
Badger Institute
700 W. Virginia St., Suite 301
Milwaukee, Wi 53204

Add us to your address book


Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Email Marketing Powered by Mailchimp