People who are talking about drastic effects from raising the - TopicsExpress

People who are talking about drastic effects from raising the minimum wage are premature. Very few people (like1-2%) are actually paid the minimum wage. It wont have a dramatic impact until it exceeds the natural market wage which is currently at a national average of about $11. Raise the minimum to a couple of dollars above that and youll see mass layoffs and changes in business structure, but not until then.

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