From the Washington Post:
We're now engaged in another divisive debate over the minimum wage and its offspring, the "living wage." We've been here before, because both sides seem to have strong arguments. On the one hand, raising wages by government fiat seems a job-killer. Economics 101 teaches us that if you increase the price of something -- including labor -- people will buy less of it. On the other hand, guaranteeing that full-time work protects against poverty seems a decent standard… "There's a big distinction between low-wage workers and low-income families," says economist David Neumark of the University of California, Irvine.

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