He’s got a point.
Presidential candidate Donald Trump didn’t back down from his statement that the minimum wage in America is too high during an interview Wednesday on MSNBC’s “Morning Joe.”
Trump was asked to further explain his position on wages, which he expressed Tuesday night during the Republican presidential primary debate on Fox Business News.
“We have to become competitive with the world. Our taxes are too high, our wages are too high, everything is too high,” Trump said. “What’s going to happen is, now people are going to start firing people.”
Trump reiterated arguments made by other critics that higher mandatory wages hurt America’s ability to compete with other world economies because they force businesses either to let employees go or to lay them off because they can’t afford to pay them.
Some businesses have left the country and to find other areas with wages they can afford to pay.
Check out the interview here. The minimum wage segment starts about the 6:45 mark.
Trump’s opinions are likely to draw fire from many liberals, but it wouldn’t be the first time. That usually happens when he’s on point with a topic.
Trump made a good point — a point he’s made before: Higher wages make America less competitive in a global market.