...it is critical to recognize that the minimum wage debate is mainly a debate about how much working teenagersand twenty-somethings in their first job ought to make. The federal Bureau of Labor Statistics reports that (in 2002):This is in the course of arguing that "Increasing the minimum wage is...problematic because it makes the choice of work over school marginally more attractive."
"Minimum wage workers tend to be young. About half of workers earning $5.15 or less were under age 25, and slightly more than one-fourth were age 16-19."
Monday, April 24
Minimum Wage again
Stephen Bainbridge says
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