The minimum wage is a terribly targeted anti-poverty program

Earned Income Tax Credit does better job lifting workers from poverty

By Guest Column Michael R. Strain—— Bio and Archives--May 1, 2014

American Politics, News | Comments | Back To Full Article

WASHINGTON, D.C. — It is not at all hard to understand the fundamental economic logic of the minimum wage: By raising the minimum price of labor, you will decrease the amount of labor that employers want to purchase.

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