Minimum wage hikes a poor step towards prosperity
Minimum wage hikes a poor step towards prosperity
- July 10, 2018
- David Neumark, economics, Orange County Register, July 10, 2018
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University of California, Irvine economists David Neumark and Brittany Bass and Brian
Asquith of the National Bureau of Economic research studied the long-term effects
of anti-poverty initiatives in struggling neighborhoods, looking at how minimum wage
and welfare policies have impacted poverty rates over the past three decades. They
found that rather than improving impoverished communities — as they are designed to
do — they hurt poor areas.
For the full story, please visit https://www.ocregister.com/2018/07/10/minimum-wage-hikes-a-poor-path-to-prosperity/.
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