Foes
of minimum-wage increases often ask supporters why they are so
stingy. If a $10 minimum wage is unquestionably beneficial to the
workers and the economy, then why not ratchet that number up to $20
an hour or even $50. They don’t really want those absurdly high
minimum wages, but want to showcase how damaging such an idea can
be to the economy. Steven Greenhut writes that he to downplay that
argument as hyperbolic, but after reading recent research used to
tout a new San Diego measure, he sees the logic of these
minimum-wage critics. Increasingly, wage-hike supporters claim that
there virtually is no measurable down side to their proposal, that
giving lower-wage workers more money helps the economy. If that’s
true and there’s no downside, why are these minimum-wage hikers
being so cheap?
from Hit & Run http://ift.tt/1pSLdSE
via IFTTT