At The National Review Online, Deroy Murdock writes Minimum Wage: $100 Per Hour? Don’t be small-minded, America. 3/26/12 Excerpt: This super-stimulus would propel America’s GDP to Himalayan heights. A $100-per-hour minimum wage would give America’s 133 million workers at least $27.7 trillion
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Mark Perry analyzes the current Bureau of Labor Statistics unemployment data is his blog, Carpe Diem, a required daily read for me. Excerpt from Interesting Facts from Today’s Employment Report, 1/6/12: The unemployment rate for workers with a college degree
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One little-noticed effect of an increased minimum wage is that it always increases the percentage of workers who end up earning less than the minimum wage. An employer with an annual income below $500,000 is free to ignore the federal
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