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Re: Seven Nobel Laureates Endorse Increase in U.S. Minimum Wage  

By: ribit in FFFT | Recommend this post (2)
Tue, 14 Jan 14 10:07 PM | 54 view(s)
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Msg. 60064 of 65535
(This msg. is a reply to 60062 by clo)

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clo
They said “the weight” of economic research shows higher pay doesn’t lead to fewer jobs.

...well, they wrong.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Seven Nobel Laureates Endorse Increase in U.S. Minimum Wage
By: clo
in FFFT
Tue, 14 Jan 14 7:05 PM
Msg. 60062 of 65535

Seven Nobel Laureates Endorse Increase in U.S. Minimum Wage

By Lorraine Woellert Jan 14, 2014 1:32

Seven recipients of the Nobel Prize in Economic Sciences were among 75 economists endorsing an increase in the minimum wage for U.S. workers.

In a letter released today, the group called for the hourly minimum wage to reach $10.10 by 2016 from its current $7.25, and then be indexed for inflation thereafter. They said “the weight” of economic research shows higher pay doesn’t lead to fewer jobs.

more@Bloomberg.com


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