Re: Effects of raising minimum wages in USA

Peter Bjørn Perlsø wrote:

Oh dear heavens. We're talking economics here, pal, not religious worker
revival.

"""
The myth that raising the minimum wage will lead to job cuts is just that: a
myth. In fact, research suggests just the opposite. According to the Fiscal
Policy Institute, since 1998, states with higher minimum wages experienced
better job growth than states paying only the federal minimum wage. Among
small retail businesses in those higher minimum-wage states, job growth was
double the rest of the country.
"""

So there seems not to be any negative corelation. By the opposite, a higher
wage favor  better growth.

This is economics. But of course, you are going to deny or ignore the facts
just to suport libertarian RIP & RUN ideology.
.

Relevant Pages

  • Re: Effects of raising minimum wages in USA
    ... There are no evidence that increasig g minimum wage cut jobs. ... The myth that raising the minimum wage will lead to job cuts is just that: ... Policy Institute, since 1998, states with higher minimum wages experienced ... better job growth than states paying only the federal minimum wage. ...
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  • Re: Effects of raising minimum wages in USA
    ... There are no evidence that increasig g minimum wage cut jobs. ... The myth that raising the minimum wage will lead to job cuts is just that: ... Policy Institute, since 1998, states with higher minimum wages experienced ... better job growth than states paying only the federal minimum wage. ...
    (sci.econ)
  • Re: Effects of raising minimum wages in USA
    ... The myth that raising the minimum wage will lead to job cuts is just that: ... Policy Institute, since 1998, states with higher minimum wages experienced ... better job growth than states paying only the federal minimum wage. ...
    (sci.econ)
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