From The New York Times:
And some question whether a higher minimum would really help the poor over all, since some workers would keep their jobs while others would lose them. “It’s kind of a wash,” said David Neumark of the University of California, Irvine. “The hit to losers wipes out the gains for winners.” He said the earned-income tax credit has proved much more effective at relieving poverty among families and, especially, children.

For the full story, please visit http://international.nytimes.com/2013/12/11/business/economy/dwindling-t....