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Raise the federal minimum wage
Position
1
#8015
The US government should raise the federal minimum wage.
CONTEXT
(Help)
-
The Global Financial Crisis »
The Global Financial Crisis
The Global Financial Crisis☜Exploring the causes, consequences and responses to the global financial crisis. ☜F1CEB7
▲
How should the US and other governments respond? »
How should the US and other governments respond?
How should the US and other governments respond?☜Exploring policy options open to the US government and the other governments in response to the global financial crisis.☜FFB597
▲
Measures to alleviate the immediate symptoms? »
Measures to alleviate the immediate symptoms?
Measures to alleviate the immediate symptoms?☜What measures are available to alleviate the immediate symptoms of the financial crisis?☜FFB597
■
Raise the federal minimum wage
Raise the federal minimum wage☜The US government should raise the federal minimum wage.☜59C6EF
●
Does not add a penny to the economy »
Does not add a penny to the economy
Does not add a penny to the economy☜This is the broken windows fallacy. It would not add any money to the economy, it just takes money from one place and gives it to someone else. Money that would have been used to invest in new equipment or hire more staff is reallocated to increase pay. There is no economic benefit.☜EF597B
●
Minimal benefit to the poor, if any »
Minimal benefit to the poor, if any
Minimal benefit to the poor, if any☜☜EF597B
●
Would inhibit employment growth »
Would inhibit employment growth
Would inhibit employment growth☜Businesses are already under financial stress and would reduce employment if higher minimum wage was mandated.☜EF597B
►
Raise the federal minimum wage »
Raise the federal minimum wage
Raise the federal minimum wage☜The Obama administration should raise the federal minimum wage.☜FFFACD
◄
Raise the federal minimum wage »
Raise the federal minimum wage
Raise the federal minimum wage☜The Obama administration should raise the federal minimum wage.☜FFFACD
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Entered by:-
David Price
NodeID:
#8015
Node type:
Position
Entry date (GMT):
11/27/2008 7:13:00 AM
Last edit date (GMT):
11/30/2008 4:54:00 PM
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