Video: Don’t Count on a Minimum Wage Hike

Boosting the minimum wage to $9 would be a whopping 24 percent increase.


CBS News invited me on air recently to discuss the economic proposals in President Barack Obama's State of the Union address. Will the minimum wage really go up to $9 per hour? Can the government actually help revive U.S. manufacturing?

Find out here, after an introductory segment by Anthony Mason:

Rick Newman's latest book is Rebounders: How Winners Pivot From Setback To Success. Follow him on Twitter: @rickjnewman.