Republicans Oppose a Minimum Wage Increase. Do Economists Agree?
Posted on February 13, 2013 at 16:43 PM EST
As expected President Barack Obama argued for environmental educational and budgetary reforms in his State of The Union address last night. His argument for a $9 minimum wage however made some news. It is seen as a dicey political move at at time when hiring remains stagnant and business interests continue to find the president's positions polarizing. Republicans have made the argument that a higher minimum wage would hurt job growth which would only deny work to impoverished families at a time when unemployment remains high. Speaker of the House John Boehner who voted against a 2006 minimum ...