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McDaniel

Proposed $15 Minimum Wage Will Cost Jobs

Proponents of increasing the minimum wage generally argue that it will improve the standard of living for low-income earners. However, numerous studies – including one completed by the Congressional Budget Office, which provides nonpartisan analysis for the U.S. Congress – have shown that minimum wage increases actually reduce employment. Artificially mandating increased wages through government […]

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McDaniel

Livable Wage, Economic Reality

Proponents of increasing the minimum wage generally argue that it will improve the standard of living for low-income earners. However, numerous studies, including one completed by the Congressional Budget Office, which provides nonpartisan analysis for the United States Congress, have shown that minimum wage increases reduce employment. Consequently, a minimum wage hike can increase earnings […]

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