26th of August 2015
3rd of March 2014
Warren Buffet says $15 minimum wage would hurt jobs, Speaker Chopp says no vote on $12 minimum this year, and more
Warren Buffett weighs in on the federal minimum wage. “If you could have a minimum wage of $15 and it didn’t hurt anything else, I would love it,” he said. “But clearly that isn’t the case.” However, he added, he wouldn’t argue with President Obama’s proposal for a more modest increase, to $10.10 an hour […]
25th of February 2014
Does CBO underestimate job losses caused by minimum wage increase? Former Labor Dept. chief economist thinks so.
People – and by people I mean pundits and economists – can’t seem to quit talking about the CBO minimum wage report. Diana Furchtgott-Roth, former chief economist of the U.S. Department of Labor, has one of the tougher takes on the analysis. In Market Watch, she suggests that CBO seriously underestimates the job losses that […]
18th of February 2014
Campaign for higher minimum wage inspired by the Occupy movement?
That’s one conclusion that could be drawn from this excellent NW News Network story by Austin Jenkins. But David Rolf of the Service Employees International Union says there was something missing: “Occupy didn’t have a long term theory of how to make change and it didn’t have very crisp demands.” Rolf says that started to […]