Is $15 Minimum Wage Possible in the United States?

in #economy7 years ago

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In this article, Mt. Kander analyzes the potential problems with a raise in minimum wage to $15/hr and provides a possible solution.


Is $15 Minimum Wage Possible in the United States?

Raising minimum wage to $15/hr is a very popular campaign promise, especially with the majority of America’s low tech, low skill workforce. It sounds simple: sign a bill to raise minimum wage to $15 per hour so that poverty and crime will decrease while human development index and GDP go up. Unfortunately, as our friends in Seattle recently found out, there are a few minor problems with this....continue reading on MTK