Friday, July 17, 2015

There’s just no evidence that raising the minimum wage costs jobs, at least when the starting point is as low as it is in modern America."

"Until the Card-Krueger study, most economists, myself included, assumed that raising the minimum wage would have a clear negative effect on employment," Krugman confesses. "But they found, if anything, a positive effect. Their result has since been confirmed using data from many episodes.
Of course, republicans would literally kill everyone on earth (global warming) rather than implement evidence based policy.

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