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2012 Republican Presidential Nominee
Former Governor of Massachusetts

Mitt Romney

Presidential Candidate Mitt Romney


Romney position on the Minimum Wage

Romney appears to have had a 180 degree turn on the issue within the space of three months. At a campaign event in New Hampshire in January, Romney was supportive of increasing the minimum wage. However, in March, Romney seems to have had a change of heart during an appearance on The Kudlow Report .
“My view has been to allow the minimum wage to rise with the CPI or with another index so that it adjusts automatically over time.”

Question: So you’d support that as president?

Romney: I already indicated that when I was governor of Massachusetts and that’s my view.
Jan 7 2012: Romney answering a question during a campaign event before the New Hampshire primary


“Larry Kudlow: All right, last one. It's an economic question. A lot of conservatives, led by The Wall Street Journal editorial page, were horrified when you said you want to index the minimum wage for inflation. And they said, `Look, that's just going to raise the minimum wage. That's going to raise the unemployment rate, especially for young people, especially for minorities. It's sort of a little bit of unfinished business.' Why do you want to raise the minimum wage? Why do you want to index it for inflation?

Mitt Romney: Well, actually, when I was governor the legislature passed a law raising the minimum wage. I vetoed it… And I said, `Look, the way to deal with the minimum wage is this. On a regular basis,' I said in the proposal I made, `every two years we should look at the minimum wage, we should look at what's happened to inflation. We should also look at the jobs level throughout the country, unemployment rate, competitive rates in other states or, in this case, other nations.' So, certainly, the level of inflation is something you should look at and you should identify what's the right way to keep America competitive…

… Yeah, so that would tell you that right now there's probably not a need to raise the minimum wage. What I can tell you is had one indexed the minimum wage back to, let's say, 1990, the minimum wage would be lower now than it actually is. Democrats make big hay of this every few years, `Oh, we're going to raise the minimum wage', and get a lot of hoopla for it. Frankly, the right way to process it is to look at the minimum wage, look at how unemployment rates are, make adjustments as time goes on based upon our need to compete, the need of the job market, and, of course, what's happened to inflation.”
March 5, 2012, The Kudlow Report




Introduction to the 2016 Republican Presidential Candidates
Barack Obama on the Minimum Wage
All Presidential Candidates on the Minimum Wage
Compare Romney and Obama on the Minimum Wage

Comment on Mitt Romney's position on the Minimum Wage

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