You know, 22 states already have a higher minimum wage than the federal government.
Economists disagree about the effects of a higher minimum wage on growth and job creation.
The Card and Krueger idea that a higher minimum wage will actually increase employment.
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Illinois is one of nineteen states that have a higher minimum wage than the federal threshold.
David Koch of Rockford, Ill. hopes a higher minimum wage would only impact full-time employees.
The president and other champions of a higher minimum wage clearly recognize the value of entry-level work.
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In fact, Costco coming out in support of a higher minimum wage is one of the more unsurprising ones.
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Mark Zandi, chief economist at Moody's Analytics, said a higher minimum wage would boost incomes for some poorer workers.
Clinton said opponents will argue that a higher minimum wage will eliminate jobs.
The money for a higher minimum wage does not come from thin air.
The reduction in jobs for youths might be an acceptable price to pay if a higher minimum wage delivered other important benefits.
This means you have to worry that states which choose a higher minimum wage are somehow different than states that choose lower ones.
But, with a higher minimum wage they will suddenly eliminate that waste to cover higher labor costs, adding nothing to the bottom line?
Maybe voters chose a higher minimum wage because they are growing faster, or because they have very few low wage jobs to begin with.
So others support a higher minimum wage as a second-best solution.
Professors Neumark and Wascher also offer a clear and even-handed assessment of empirical examples that seem to contradict the prediction that a higher minimum wage would reduce employment.
Scott Sumner responds with three hypotheses: a higher minimum wage, the repeated extension of unemployment benefits, and the fact that not all employers are growing at exactly the same 4 percent rate as national incomes as a whole.
He used the phrase "common ground" repeatedly, speaking of potential agreement on a higher minimum wage (if paired with tax cuts for small businesses) and seeing prospects for sweeping change in immigration laws and the management of Social Security.
Despite a few exceptions that are tirelessly (and selectively) cited by advocates of a higher minimum wage, the bulk of the evidence -- from scores of studies, using data mainly from the U.S. but also from many other countries -- clearly shows that minimum wages reduceemployment of young, low-skilled people.
Women represent nearly two-thirds of minimum-wage workers, while black and Hispanic workers represent a higher share of the minimum-wage workforce than whites, according to the Economic Policy Institute.
Contrary to the claims of Bernstein and others who support the minimum wage, a higher minimum (other things constant) will decrease employment opportunities for the least-skilled workers.
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No one interviewed those workers who lost their jobs or could not find a job at the higher minimum wage.
FORBES: The Minimum Wage Delusion, And The Death Of Common Sense
Supporters of the president's proposal argue that the federal minimum wage is long overdue for an upgrade and that a higher rate would provide residual benefits, such as a reduction in turnover and increased productivity.
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Proponents of the minimum wage focus on workers who retain their jobs and get a higher wage, but ignore those who lose their jobs and get a lower wage or none at all.
FORBES: The Minimum Wage Delusion, And The Death Of Common Sense
Conservative MP John Baron said the UK's minimum wage was six times higher than in Romania and Bulgaria and there was a chance of a "surge" in new arrivals.
Popular treatments of the minimum wage point to Wanda Washerwoman and declare the policy a success because she now earns higher wages than she used to.
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