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IPFS News Link • Economy - Economics USA

A Minimum of Understanding

1-11-2007 • by James D. Miller (TCS Daily)

Democrats want to raise the federal minimum wage from $5.15 to $7.25 an hour. But raising the minimum wage will harm unskilled workers. If the price of gas went up by 40%, people would buy less gas. Similarly, if the wages businesses must pay low ski

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Reported By Powell Gammill

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