How to Make the Poor Poorer

From Discourse DB
Jump to navigation Jump to search

This is an opinion item.

Author(s) Gary Becker, Richard Posner
Source The Wall Street Journal
Date January 26, 2007
URL http://online.wsj.com/article/SB116978492591488718.html
Quote
Quotes-start.png "Although some workers benefit -- those who were paid the old minimum wage but are worth the new, higher one to the employers -- others are pushed into unemployment, the underground economy or crime. The losers are therefore likely to lose more than the gainers gain; they are also likely to be poorer people." Quotes-end.png


Add or change this opinion item's references


This item argues against the position Act should be passed on the topic Fair Minimum Wage Act of 2007.