2/17/13

A truly inconvenient truth


"Dear Mr. Obama:
In this year’s State of the Union Show you called for the hourly minimum-wage to be raised from $7.25 to $9.00.  That’s an increase of more than 24 percent.  Because you trumpet this proposal as one to assist low-paid workers, you, presumably, deny that such a hike in the cost of hiring low-paid workers will prompt employers to hire fewer such workers." Read it all.
[Thanks: BJS]