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Friday, 14 October 2016

Minimum Wage $15 = dignity, spending, no job loss

"Putting aside for a moment the critical question of whether these changes are actually meaningful in a statistical sense, these outcomes fit comfortably into a view well understood by minimum-wage advocates and increasingly accepted by economists: most increases have their intended effect of lifting the pay of low-wage workers with little in the way of job losses." Washington Post Aug 10 2016

What burns me is that the writer has to frame the positive outcome as a potential threat, undermining the statistics, suggesting maybe the, OMG, crash is coming, that $15/hr will eventually destroy the US economy ... what a load of bunk from the right!