By Steve H. Hanke
Okay, so don't confront the messenger read the piece and then jump in. Read more @ Minimum Wage Laws Kill Jobs | Cato @ Liberty
President Obama set the chattering classes abuzz after his unilateral announcement to raise the minimum wage for newly hired Federal contract workers. During his State of the Union address, he sang the praises for his action, saying that Its good for the economy; its good for America.[1] Yet this conclusion doesnt pass the economic smell test; just look at the data from Europe.
Okay, so don't confront the messenger read the piece and then jump in. Read more @ Minimum Wage Laws Kill Jobs | Cato @ Liberty