From the Deseret News:
According to the Washington Post’s Robert Samuelson, the Democrats propose raising the federal minimum wage for all workers to $10.10 by 2016, but economists disagree on the job effect. He asked whether or not businesses would take it in stride or would they react by cutting jobs. He cited that economists David Neumark and J.M. Ian Salas of the University of California, Irvine and William Wascher of the Federal Reserve determined that higher minimum wages weaken low-wage employment. “Under plausible assumptions, even a small effect implies nearly a million fewer jobs over three years,” Samuelson wrote.

For the full story, please visit http://www.deseretnews.com/article/print/865595115/Will-Obamas-SOTU-mini....

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