Five days ahead of the midterm elections, President Donald Trump’s top economic adviser took to trashing the minimum wage. “My view is a federal minimum wage is a terrible idea ― terrible idea,” Larry Kudlow, director of the White House’s National Economic Council, said in an interview with Washington Post Live on Thursday. The federal minimum wage has been on the books since the Great Depression to prevent employers from paying exploitative wages. Alabama is different than Nebraska.”“That’s why the federal minimum wage doesn’t work for me,” he said. Sen. Lamar Alexander, the Tennessee Republican who heads the committee through which any federal minimum wage hike would go, is on the record saying the wage floor should be abolished.

Source: Huffington Post November 01, 2018 16:41 UTC