Wed Mar 5, 2014, 12:29 PM
dsteve01 (312 posts)
Highest Minimum-Wage State Washington Beats U.S. Job Growth
Awesome article I read this morning on the benefits of a minimum wage. Is it possible that raising the minimum wage also raises the velocity of spending? I'm sure my old college econ professor would disagree with the premise and call me girl's names, but it's an interesting idea for a study.
When Washington residents voted in 1998 to raise the state’s minimum wage and link it to the cost of living, opponents warned the measure would be a job-killer. The prediction hasn’t been borne out.
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Highest Minimum-Wage State Washington Beats U.S. Job Growth (Original post)
Response to dsteve01 (Original post)
Wed Mar 5, 2014, 02:13 PM
Laelth (20,976 posts)
1. When people have money to spend, we're all richer.
It's that simple. May the good people of Washington show us all the way!