Dwindling tools to raise wages
Dwindling tools to raise wages
- December 10, 2013
- David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is quoted by The New York Times December 10, 2013
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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....
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