Friday, March 30, 2012

If a High Minimum Wage can Kill a Sandwich, Imagine What it Does to Jobs

Washington Policy Center has long warned that a high minimum wage reduces job opportunities and increases the cost of living. The economics of it is simple. The minimum wage is a price control that requires employers to pay workers a higher hourly wage. That means they can afford to hire fewer workers, or they pay the inflated wages and pass the increased costs onto the customer, or a combination of both . . . READ MORE


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