Pricing low-skill workers out of the game. The 2012 platform for the Democratic Party promised to raise the national minimum wage from $7.25 to $9.50 per hour and to tie future changes to inflation. Just as with arguments for a "living wage," this sounds like a good and compassionate idea, but it has a false allure. The U.S. Bureau of Labor Statistics ... MOREJames P Gray: Minimum Wage Does More Harm Than Good
Pricing low-skill workers out of the game. The 2012 platform for the Democratic Party promised to raise the national minimum wage from $7.25 to $9.50 per hour and to tie future changes to inflation. Just as with arguments for a "living wage," this sounds like a good and compassionate idea, but it has a false allure. The U.S. Bureau of Labor Statistics ... MORE