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Monday, April 29, 2013

The Minimum Wage: More Baloney

Politicians are notorious for making recommendations and promises that really don't make economic sense but appeal to the "masses" . Among the favorites is an increase in the minimum wage, purported to help "poor" people have a better life and to stimulate the economy, because "poor" people spend all their money.

http://www.forbes.com/sites/williamdunkelberg/2013/04/29/131/

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