The Boston Globe gives their opinion about the minimum wage increase bill that legislators passed recently. Expect Romney to rule on this within the next week or so. I suspect that he'll definitely not go down on record as signing into law the highest minimum wage in the nation--$8.00 is what the legislature passed . . . nice way to drive businesses out of the state. He'll more likely recommend a much lower increase (probably just under $7) and he may or may not recommend indexing the wage increase to economic indicators . . . such as inflation. He was warm to the idea of indexing during his 2002 gubenatorial campaign, and I can see the wisdom of indexing as a way to help take the issue "off the (political) table." If he decides for indexing, then he will probably not recommend a wage increase and ask for a moratorium of a couple of years before the indexing takes place. Just my guesses . . . if he decides against indexing, he could be subject to "flip-flopper" claims.
Would another option be just to flat out veto the bill due to the ultra-high wage and not offer any adjustments?
Thomas Alan at Floridians for Romney has a nice take on this issue as well.