The 57th United States presidential election has once again predictably narrowed down to only two realistic presidential candidates: the incumbent, President Barack Obama for the Democrats, and Gov. Mitt Romney, for the Republicans. Accordingly, we've compiled the most comprehensive database of their positions on all the topics and all the issues to assist you, the electorate, in casting your vote on November 6. Just scroll down below the introductions and click one of the 29 issues and 12 profile categories to compare the political stances and biographical data of 2012 Presidential Candidates.
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.”
The former New Mexico governor is against the idea of having a national minimum wage policy, as he feels that a uniform minimum wage rate across the country does not take into account the difference in living costs between regions and its respective local job market, while potentially causing some industries to lose their competitive edge. Johnson points out that a majority of states already have their own minimum wage policy that could be rewritten in the face of new market changes.