http://hispanicpundit.com/2006/06/29/quote-of-the-day-300/ Fri, 05 Sep 2008 19:24:39 +0000 http://wordpress.org/?v=2.3.2 http://hispanicpundit.com/2006/06/29/quote-of-the-day-300/#comment-99492 HispanicPundit Thu, 29 Jun 2006 15:21:49 +0000 http://hispanicpundit.com/2006/06/29/quote-of-the-day-300/#comment-99492 On the contrary, empirical evidence does indicate that the minimum wage is a job killer, for example see <a href="http://www.epionline.org/study_list.cfm" rel="nofollow">here</a>, but it is a job killer <i>in proportion to</i> the level the minimum wage is increased. But since the minimum wage has typically been increased in relatively small amounts (dollar here, dollar there), the job losses don't tend to be dramatic. Small raise in the minimum wage, generally small amount of job losses... On the contrary, empirical evidence does indicate that the minimum wage is a job killer, for example see here, but it is a job killer in proportion to the level the minimum wage is increased. But since the minimum wage has typically been increased in relatively small amounts (dollar here, dollar there), the job losses don’t tend to be dramatic. Small raise in the minimum wage, generally small amount of job losses…

]]> http://hispanicpundit.com/2006/06/29/quote-of-the-day-300/#comment-99487 David F. Prenatt, Jr. Thu, 29 Jun 2006 10:22:22 +0000 http://hispanicpundit.com/2006/06/29/quote-of-the-day-300/#comment-99487 Practical, empirical evidence indicates that the minimum wage is not the job killer that most economists theorize it to be. Nonetheless, <a href="http://blog.netesq.com/2006/06/problem-with-minimum-wage-laws.html" rel="nofollow">expanding the Earned Income Tax Credit</a> is a much more effective way of helping the working poor than raising the minimum wage. Practical, empirical evidence indicates that the minimum wage is not the job killer that most economists theorize it to be. Nonetheless, expanding the Earned Income Tax Credit is a much more effective way of helping the working poor than raising the minimum wage.

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