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Is he deliberately trying to increase inflation and devaluing the dollar further?
Or is he just trying to eliminate the 'value menu' at fast food joints?
Although minimum wages do increase the incomes of some poor families, the evidence indicates that their net effect is, if anything, to increase the proportions of families with incomes below or near the poverty line. Thus, it would appear that reductions in the proportions of families that are poor or near-poor should not be counted among the potential benefits of minimum wages.
Although minimum wages do increase the incomes of some poor families, the evidence indicates that their net effect is, if anything, to increase the proportions of families with incomes below or near the poverty line. Thus, it would appear that reductions in the proportions of families that are poor or near-poor should not be counted among the potential benefits of minimum wages.
Although minimum wages do increase the incomes of some poor families, the evidence indicates that their net effect is, if anything, to increase the proportions of families with incomes below or near the poverty line. Thus, it would appear that reductions in the proportions of families that are poor or near-poor should not be counted among the potential benefits of minimum wages.
This argument has also been supported by the CBO and is my reason for not supporting the increase. Its net effect is about $1500 per year.
The other issue is it has little practical help for families, and more for those who are single and young...who make up a majority of the minimum wage earners. Single and young earners who want to make extra money have far more options than families.
Although minimum wages do increase the incomes of some poor families, the evidence indicates that their net effect is, if anything, to increase the proportions of families with incomes below or near the poverty line. Thus, it would appear that reductions in the proportions of families that are poor or near-poor should not be counted among the potential benefits of minimum wages.
This argument has also been supported by the CBO and is my reason for not supporting the increase. Its net effect is about $1500 per year.
The other issue is it has little practical help for families, and more for those who are single and young...who make up a majority of the minimum wage earners. Single and young earners who want to make extra money have far more options than families.
Refundable tax credits and guaranteed minimum income are better alternatives than minimum wage laws in targeting poverty in broader population and spreading costs instead of concentrating costs on employers of low wage employees.
Refundable tax credits and guaranteed minimum income are better alternatives than minimum wage laws in targeting poverty in broader population and spreading costs instead of concentrating costs on employers of low wage employees.
This argument has also been supported by the CBO and is my reason for not supporting the increase. Its net effect is about $1500 per year.
The other issue is it has little practical help for families, and more for those who are single and young...who make up a majority of the minimum wage earners. Single and young earners who want to make extra money have far more options than families.
This argument has also been supported by the CBO and is my reason for not supporting the increase. Its net effect is about $1500 per year.
The other issue is it has little practical help for families, and more for those who are single and young...who make up a majority of the minimum wage earners. Single and young earners who want to make extra money have far more options than families.
Elizabeth Warren: Hey, why isn’t the minimum wage $22/hour?
https://www.youtube.com/watch?v=ABM0_L_5vLw
Elizabeth Warren: Hey, why isn’t the minimum wage $22/hour?
https://www.youtube.com/watch?v=ABM0_L_5vLw
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