[Recycled from 13:50, 27 December 2004]
Writing for the Portland Oregonian today, Paul F. deLespinasse repeats the old claim that raising the minimum wage will result in jobs being eliminated, growth being retarded, and poor people worse off than if their wages had remained low.
It sounds perfectly logical. Higher wages means greater costs for the employers, so naturally the minimum wage would be a deadly trap, doomed to failure.
Perfectly logical. Just ain't so.
Click any of the links above and see for yourself.
//The Magic 8-Ball says, "Sit down before Truth like a little child."\\
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