High Business Costs a ‘Curse’? Not if it Means the Wage Floor Rises.

The Sunday (Boston) Globe reports the shocking disparities of income and opportunity engulfing the Commonwealth. Yet in a story on the front page of the Money & Careers section, we learn that Massachusetts is “cursed with high business costs,’’ largely because of high wages (“Stripped of stereotypes, a Mass.-N.H. business analysis reveals many ‘facts’ are pure fiction,’’ Aug. 21).

If we want to reduce extreme inequalities, the wage floor will have to rise. That would be no curse, but a blessing, a sign that we’re the kind of Commonwealth we’d all like to live in.

That is one curse we don’t want to reverse.

The writer is a senior scholar at the Institute for Policy Studies and editor of inequality.org.