Minimum wage is hot topic because of lack of alternatives
Minimum wage is hot topic because of lack of alternatives
- December 17, 2013
- David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is quoted in the Herald-Tribune December 17, 2013
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From the Herald-Tribune:
Some question whether a higher minimum would really help the poor overall, 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://www.heraldtribune.com/article/20131217/ARCHIVES/312171030/-1/sear....
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