Let’s raise the minimum wage to $100 per hour. Wait, why be cheapskates? Make it $200 per hour. Great plan, apart from the drawback that most firms would either go out of business or lay off most of their workers. People receiving the $200 minimum wage would be popping champagne corks, but a larger…
Source: Morningcall
Your View: Raising minimum not the best way to help low-income workers
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