Is Minimum Wage a Poverty Panacea?

by Chris Abraham on 22/06/2006

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“Republican-controlled Senate derails proposed election-year increase in minimum wage.” Historically, have increases in minimum wages ever changed anything for the better? Is a minimum-wage job sustainable? Are jobs lost when wages are mandated? Do increases actually get people out of poverty or off government assistance? Via Drudge Retort, CBS News.

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