Contributors

Friday, January 02, 2015

A Big Test For The Minimum Wage

This year, 21 states will be raising the minimum wage so we will finally get a broad look at how this action affects economies. My hope is that the following question will not be answered: will the rise in low-paid workers' salaries and their increase in spending in the economy (thus creating more jobs) outweigh any costs in slower job creation?

My answer is YES

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