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Minimum wage

"An increase now will boost income for the poorest workers without the danger of creating more unemployment.", states the New York Times in September 1999. Is this statement about an increase in minimum wage really true? There are two sides to the debate about minimum wage that both hold valid points.

The minimum wage is a major issue in the world of economics and politics. Political figures often prey on the public's general ignorance of economics and promise to increase the minimum wage. Economists ,on the other hand, view the long term effects and see the damage it can cause.

David Card and Alan Kruegur, two economists at Princeton University conducted a study in April 1992 on New Jer



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Pennsylvania Positive, Card Kruegur, Times September, Princeton University, minimum wage, , Alan Kruegur, increase minimum wage, skilled worker, increase minimum, card kruegur, political figures,
Approximate Word count = 472
Approximate Pages = 2 (250 words per page double spaced)


  

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