Minimum wage hikes a poor step towards prosperity
Minimum wage hikes a poor step towards prosperity
- July 10, 2018
- David Neumark, economics, Orange County Register, July 10, 2018
University of California, Irvine economists David Neumark and Brittany Bass and Brian
Asquith of the National Bureau of Economic research studied the long-term effects
of anti-poverty initiatives in struggling neighborhoods, looking at how minimum wage
and welfare policies have impacted poverty rates over the past three decades. They
found that rather than improving impoverished communities — as they are designed to
do — they hurt poor areas.
For the full story, please visit https://www.ocregister.com/2018/07/10/minimum-wage-hikes-a-poor-path-to-prosperity/.
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