fdr234rd22
Joined 12 years ago
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Comment · 12 years ago
Comment · 12 years ago
This argument really needs to stop. 89% of minimum wage workers do not live in poor households. (see my Marginal Revolution citation on this page). It's extremely misleading to insinuate otherwise.
Comment · 12 years ago
"A 2011 study by Sen, Rybczynski, and Van De Waal found that "a 10% increase in the minimum wage is significantly correlated with a 3−5% drop in teen employment."
http://en.wikipedia.org/wiki/Minimum_wage#Research_subsequen...
Comment · 12 years ago
That is a trite and misleading argument. 89% of minimum wage workers don't live in poor households. To say that they are being subsidized because they are poor is simply dishonest. See my link above.
Comment · 12 years ago
That is wrong. Minimum wage workers are not in dire poverty.
"Only 11.3% of workers who will gain from an increase in the federal minimum wage to $9.50 per hour live in poor households."
http://marginalrevolution.com/marginalrevolution/2014/01/how...
http://www.nwasianweekly.com/2014/05/blog-seatac-tells-us-15...