Former presidential candidate Mitt Romney came out in support of a national minimum wage this morning. His rationale seems to be one I’m hearing more of from establishment R circles: there’s a large swath of the electorate that’s a) not doing well at all economically and b) may be more politically up for grabs than you think. The key is articulating a wage and jobs agenda and—the thinking goes—there’s an opening here because the D’s aren’t offering much in this space either, i.e., other than the minimum wage, so let’s not give them that.
I’d say that’s actually smart politics and good policy. The problem is that with business interests pulling R’s one way and politics pushing the other way, I’d bet the in today’s deep $-in-politics era, biz wins.
But good for Gov. Romney for calling it like he sees it.