# of Words: 353
After experiencing considerable wage earnings throughout the shared-growth decades of the new era workers have increasingly confronted labor economies of jobs that pay too much to offer a minimally decent standard of living. What we do know is that a $15 wage could have impacts on the living standards of millions of working households. Every worker should be ensured the minimum wage that will enable them to maintain a becoming normal of lifestyle for himself and his loved ones. The antidote is......Read More
Being the type compassionate souls Americans are, we get tricked into believing things because we want them to be true. Wages, jobs, and poverty are passionately debated and exceptionally prone to optimistic misinformation and logical fallacies. Minimum wage and the notion of a "living wage" are examples of just that. They sound useful and nice, but in practice they do much more bad than good. They displace jobs and discourage hiring, trigger increases in cost levels, plus they don't assist the......Read More
After two weeks of detailing the arguments for and against increasing the federal minimum wage - interviewing economists and policy specialists, poring over a flood of mails by workers and business owners, reading scads of papers pro and con - I've reached an important conclusion: This matter is really complex. I realize that doesn't sound significant, but in the context of our current national debate over the minimum wage, it is really very fundamental. That's the reason Democrats, by President......Read More
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