From Bloomberg Businessweek:
David Neumark, an economist at the University of California, Irvine who has done extensive research that questions the value of higher minimums, says supporters’ motives aren’t necessarily ulterior. “It’s a response to rising inequality. I don’t think it’s a good response to it. Obama believes it will help, as do many other smart people who I think are wrong.”

For the full story, please visit http://www.businessweek.com/articles/2013-11-11/three-cynical-explanatio....