Economics

Sheldon Richman on How the Minimum Wage Harms the Most Vulnerable

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Minimum wage protestors
citizensrepublic.wordpress.com

A debate is shaping up between those who support the proposal to raise the federal minimum wage from $7.25 to $9 and those who favor keeping the wage where it is today. But there are good grounds—for the sake of the poor—to repeal the minimum wage altogether. Sheldon Richman explains why.