From the WSJ:
Raising the minimum wage helps the poor. The president wants to increase the federal minimum wage to $10.10 from $7.25, with the tagline “Let’s give America a raise.”… Employment aside, only 18 percent of the earnings benefits of a $10.10 hike would flow to people living below the poverty line, according to analysis from University of California, Irvine economist David Neumark.

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