While I understand the intention Congress has for raising minimum wage, those good intentions do not translate into good policy in this case (as most cases in Congress).
The increased minimum wage is really hurting those that can least afford it. Those people with little in the way of skills and young people trying to develop skills or save money for life changeing expenses like college.
Mark Perry has a great post over at Carpe Diem.
Tuesday, June 24, 2008
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