Monday, November 27, 2006

minimum wage

The folks over at Think Progress have a post on the effects of increasing the minimum wage in the state of Illinois, too bad its bad for the country and its electorate, as William Niskanen of the Cato Institute made clear in a post in June of 2006:

The employment of the least-skilled members of the labor force—often new entrants—would be reduced.

The non-wage benefits and working conditions of those who keep their jobs at the higher wage would probably be reduced.

Most of those who keep their jobs at the higher wage would be secondary workers in non-poor families

If liberals aim to lift people up, this is not the way to do it.

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