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CBO Report and Minimum Wage

February 20, 2014 Leave a comment Go to comments

The CBO report on a potential hike in the minimum wage shows that it would clearly cost jobs.

It is rare that we see a study or report regarding employment and looks at things from the business perspective as opposed to just the employee perspective.  A hike in minimum wage is a short sighted benefit.  It helps a little, in pocket change, and costs more people more jobs.

There is just no way to get around the fact that the way to earn more income is to make yourself more valuable.


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