New study shows how Dems' $15 wage hike would hurt the very people they're trying to help
New study shows how Dems' $15 wage hike would hurt the very people they're trying to help
- June 11, 2018
- Research by David Neumark, economics, via Independent Journal Review, June 11, 2018
A new study released from the University of California, Irvine revealed a startling relationship between raising the minimum wage, a popular policy among Democrats, and poverty. The study found that a $1 increase in the minimum wage led to a roughly 3 percent increase in poverty and government dependency over three decades. … The study, conducted by economists David Neumark and Brittany Bass, reportedly differed from previous minimum wage studies in that it focused on the long-term effects of wage increases.
For the full story, please visit https://ijr.com/2018/06/1102206-15-minimum-wage-hurt-people-help/.
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