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Minimum Wages
It sounds simple raise the minimum wage, reward hard work, and strike a
blow against the society's inequalities. It's an emotional argument that blurs
out the truth and make's people forget one important economic lesson: There's no
such thing as a free lunch. The minimum wage has not been increased since the
industrial welfare commission raised it to $4.25 an hour. The IWC and the
legislature have not agreed since that time that any additional increase is
justified because of California's recession and the downward turn in the
business climate. There was a measure out on this last ballot called prop 210
which passed and increa ....
Word count: 835 - Page count: 4
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