Minimum Wage Debate
June 21st, 2006 by MaxThose interested in the minimum wage debate again happening in Congress should read this article by Kevin Sohr and Walter Block from the journal Freeman:Ideas in Liberty. In sum, they find:
The impact [of the minimum wage] will continue to be to hurt poor, young, black, and unskilled workers…the economic evidence overwhelmingly indicates that the minimum wage destroys jobs.
June 21st, 2006 at 10:00 pm
I skimmed it and get your point.
I’m now to the point where states should make the decision - preferably based on reasonable statistics rather than rhetoric.