Author Topic: CBO: minimum wage increase will increase income inequality  (Read 261 times)

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Offline rangerrebew

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CBO: minimum wage increase will increase income inequality
« on: February 19, 2014, 02:49:46 PM »
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Offline truth_seeker

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Re: CBO: minimum wage increase will increase income inequality
« Reply #1 on: February 19, 2014, 03:06:05 PM »
What is the impact on somebody currently earning $10.10 per hour, having earned raises from the time he/she started at $7.25??

Do you leave him/her at $10.10 alongside the new employee? Or do you give them a raise, to distance them from the new employee, reflecting their greater skills and abilities?

Problems, problems when you try to do the work of the market for labor.
"God must love the common man, he made so many of them.ÔŅĹ  Abe Lincoln


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