Thursday, March 20, 2014

Study Shows Increased Minimum Wage's Destructiveness

Jobs: The country's biggest employment agency warns that 38% of private employers will lay off workers if Congress raises the minimum wage. Once again, wage earners are the casualties of waging class warfare.  The White House website's slick presentation on the minimum wage says: "No one who works full time should have to raise their family in poverty." And it promises: "It will lift wages for 28 million Americans. It will give businesses customers with more spending money. It will grow the economy for everyone — and we can do it right now."  Gee, if you don't like your wage, Uncle Sam can raise your wage. Just like he made sure you could keep your health plan.

Read more at Investor's Business Daily

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