Tag Archives: Milton Friedman

The Minimum Wage Doesn't Help, It Hurts

The Minimum Wage Doesn't Help, It Hurts

Last night during his State of the Union address, President Obama called for raising the federal minimum wage to $9/hour: “We know our economy’s stronger when we reward an honest day’s work with honest wages. But today, a full-time worker making the minimum wage earns $14,500 a year. Even with the tax relief we’ve put

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