Authors:

  • Matthew Weinzierl

Excerpt

Minimum Wage Debate Is Really About Social Values. Matthew Weinzierl, December 10, 2014, Opinion. “The US federal minimum wage is not very high—it's much lower in real terms than it has been for much of the last several decades—and it's hard to argue that a mild increase in a low minimum wage would cause a lot of unemployment. Nevertheless, a minimum wage increase is controversial. Why is that? Because the conversation is really about much more than a technical debate on the costs and benefits. Most people are aware that the long-term economic path for the United States has some challenges…” Link