[Congressional Record Volume 142, Number 55 (Thursday, April 25, 1996)]
[House]
[Page H3825]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE MINIMUM WAGE
(Mr. LINDER asked and was given permission to address the House for 1
minute.)
Mr. LINDER. Mr. Speaker, it is fascinating, the gentleman from
Missouri was not here 2 years ago asking to help the working poor with
an increase in the minimum wage, because he had the House controlled by
Democrats, the Senate controlled by Democrats, and the White House.
They were not concerned about them then.
Let me tell you what the Wall Street Journal Review and Outlook call
them in 1996. Remember when Bill Clinton claimed he was a new Democrat
precisely because he did not favor a higher minimum wage? Time
Magazine, by Michael Kramer, from an earlier speech by Bill Clinton:
``It''--raising the minimum wage--``is the wrong way to raise incomes
of low-wage earners.'' I think the President was right then. I think he
is right now.
{time} 1100
The increase in the minimum wage by the President's own chief
economist will cost low-income earners 100,000 jobs. That is not the
way to raise the income of workers. Cutting taxes is.
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