How Helpful is Raising the Minimum Wage?

While poverty is a serious problem, is forcefully raising the minimum wage really the best way to solve it? Are their better ways? USA Today reports the political controversy over recent findings from the Congressional Budget Office (CBO) on the proposed federal minimum wage increase. The CBO examined what increasing the minimum wage to $10.10 […]

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The Truth About the Minimum Wage

People don’t like to think that anyone’s labor is worth less than the minimum wage. Someone might end up flipping burgers for $5.00 an hour. You might think the minimum wage is a way of paying some sort of dignity premium–hence language like “living wage.” People with such good intentions look at the direct beneficiaries […]

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