Minimum wages: An antiquated and ineffective antipoverty tool
JJ Sabia - Journal of Policy Analysis and Management, 2014 - JSTOR
Journal of Policy Analysis and Management, 2014•JSTOR
" Tonight let's declare that in the wealthiest nation on earth, no one who works full-time
should have to live in poverty, and raise the federal minimum wage..."—President Barack H.
Obama, 2013 State of the Union Address President Barack Obama's endorsement of the
Fair Minimum Wage Act—a joint House and Senate proposal to increase the Federal
minimum wage from $7.25 to $10.10 per hour and to index it to inflation thereafter—is
couched in a policy objective with which there is broad public support: lifting those who work …
should have to live in poverty, and raise the federal minimum wage..."—President Barack H.
Obama, 2013 State of the Union Address President Barack Obama's endorsement of the
Fair Minimum Wage Act—a joint House and Senate proposal to increase the Federal
minimum wage from $7.25 to $10.10 per hour and to index it to inflation thereafter—is
couched in a policy objective with which there is broad public support: lifting those who work …
" Tonight let's declare that in the wealthiest nation on earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage..."—President Barack H. Obama, 2013 State of the Union Address
President Barack Obama's endorsement of the Fair Minimum Wage Act—a joint House and Senate proposal to increase the Federal minimum wage from $7.25 to $10.10 per hour and to index it to inflation thereafter—is couched in a policy objective with which there is broad public support: lifting those who work hard and play by the rules out of poverty. But will such legislation diminish poverty? And are there efficient alternatives? My answers to these two questions, discussed below, are" not much" and" yes."
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