Comments on:

More than 500 economists slam minimum wage hike as a jobs killer

Back to the article » By |
Paul Bedard,Washington Secrets,Barack Obama,Labor,Economy,Minimum Wage,Poverty
Five hundred economists, including three Nobel laureates, on Wednesday urged Congress to junk President Obama's proposal to boost the minimum wage to $10.10, claiming it will cut jobs and raises prices. Instead, the 500 urged in a letter to Congress that Washington pass a comprehensive package to deal with poverty. “One of the serious consequences of raising the minimum wage is that business...