Opinion: Blinder misrepresents minimum wage studies
Opinion: Blinder misrepresents minimum wage studies
- August 22, 2024
- David Neumark, economics, explains in this piece for The Wall Street Journal
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“Decades of research have shown that higher minimum wages do little to raise incomes for poor families. Aside from the job loss, minimum wages don’t target benefits at poor families effectively because many minimum wage workers are teenagers in higher-income families and many poor and low-income families have no workers. As a result, minimum wages don’t reduce poverty.”
Continue reading: https://www.wsj.com/opinion/blinder-misrepresents-minimum-wage-studies-88472035?mod=Searchresults_pos2&page=1
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