Who really earns the minimum wage?
- October 3, 2019
- David Neumark, economics, Honolulu Civil Beat, Oct. 3, 2019
people out of it belies a good deal of complexity. David Neumark, [a UC Irvine Distinguished
Professor of Economics and] a national expert on the minimum wage writing for the
Federal Reserve Bank of San Francisco, concludes “… evidence simply does not provide
a strong case for using minimum wages to reduce poverty. Similarly, recent research
does not provide conclusive evidence that a higher minimum reduces government spending
on welfare and other programs to support poor families, with the possible exception
of food stamps.”
For the full story, please visit https://www.civilbeat.org/2019/10/who-really-earns-the-minimum-wage/.
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