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Fox News' New Idea For Fighting Unemployment: Decrease the Minimum Wage | Politics | AlterNet
22 hours ago ago from Media and Technology | AlterNet
Home Archive Newsletters Video Blogs Discuss About Search Donate Advertise Media Immigration Human Rights Environment Water Health Drugs Sex Corporations and Work World Politics Take Action Newsletter AlterNet Headlines Politics archive by date: December ...
Related contentKrugman and Minimum Wage
5 hours ago ago from Economic Thought
Paul Krugman commented today on the minimum wage and whether or not lowering the minimum wage would raise employment. My comment: Dear Dr. Paul Krugman, I agree that the argument against minimum wage that you are presenting is incorrect. However, I think you are presenting a straw man. That, surely, is not the Austrian/Neo-Classical argument against minimum wage (see: Vedder & Gallaway, “Out of Work”). Wages, in a free-market, ...
Related contentkilusangmayouno
21 hours ago ago from kilusangmayouno.org | Genuine, Militant and Anti-Imperialist Labor Center
kilusangmayouno.org Genuine, Militant and Anti-Imperialist Labor Center Home Press Room Campaign Resource Archives About us Contact us Support KMU Links Year-round wage freeze bodes hungry Christmas for workers Date: 16 December 2009 Campaign: PhP 125 Legislated Wage Hike Reference Person: Elmer Labog, KMU ...
Related contentHow Minimum Wage Affects the Job Hunt
12 hours ago ago from The Conservativist
http://liveshots.blogs.foxnews.com/2009/12/14/how-minimum-wage-affects-the-job-hunt/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+foxnews%2Flatest+%28FOXNews.com+-+Latest+Headlines%29 They examined sixty years of data and concluded the minimum wage actually cuts down on job opportunities and even wages, over time, for low-skilled workers. “A small number -- and it depends how big the minimum wage increase is -- will lose ...
Related contentShould we cut the minimum wage?
2 hours ago ago from Daniel Joseph Smith
Sent to you via Google Reader Should we cut the minimum wage? Yes. Bryan Caplan has the answers : Paul [Krugman] does address the real balance effect , but he still ignores the main arguments I've made before : 1. Cutting wages increases the quantity of labor demanded. If labor demand is elastic, total labor income rises as a result of wage cuts. 2. Even if labor demand is inelastic, moreover, wage cuts reduce labor income by ...
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State sues LA car wash for minimum wage violations
21 hours ago ago from U.S. News
State sues LA car wash for minimum wage violations LOS ANGELES (AP) -- The state has sued a Los Angeles car wash alleging the owners failed to pay workers minimum wage or overtime. The lawsuit against Auto Spa Express, Inc. and its owner, Jonathan Min Kim, was filed Tuesday in Superior Court and seeks $630,000 in back wages and $2 million in penalties. Attorney General Jerry Brown says the car wash illegally forced employees to work ...
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