Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jamesrichards
According to the Economic Policy Institute, a liberal non-partisan research group, an estimated 6.6 million workers would immediately benefit if the federal minimum wage jumped to $7.25 by 2008.

Whatever. But I wonder if the "Institute" factored in the number of those jobs that are going to be lost due to soemthing other than the market dictating what a non skilled laborer is paid. Small business will not raise prices as the first option. They'll cut costs and the most expensive cost is the cost of labor. It'll be incremental as the wage is ratcheted up over the years....

8 posted on 11/12/2006 10:15:35 AM PST by b4its2late (FOOTBALL REFEREES: It's tough playing with us, but you can't play the game without us.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: b4its2late

a liberal non-partisan research group,..... UHHH, how does that work out?


46 posted on 11/12/2006 11:01:47 AM PST by Safetgiver (Stinko De mayo, Stinko to the Commies.)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson