Has boosting the U.S. minimum wage from $4.25 per hour in 1994 to today's $7.25 per hour helped or hurt the U.S. economy?
To answer this question, we'll be tapping the U.S. Census Bureau's data on the incomes earned by 15 to 24 year old Americans in 1994 and 2011 (which until this September represents the most recent year for which this data is available). Specifically, we'll be considering the size of the Age 15-24 population, the number of 15-24 year olds with incomes and, of course, the federal minimum wage that applied in each...
- Quotes of the day Allahpundit 3 hours ago
- Media Matters not super-keen on SEIU unionizing its employees Mary Katharine Ham 4 hours ago
- Video: How removing one regulation created hundreds of jobs in Mississippi Mary Katharine Ham 5 hours ago
- The EPA confirms: GHG emissions are down, largely thanks to… Erika Johnsen 5 hours ago
- CBO: Uhm, about Obama’s FY2015 budget proposal… it’s way more expensive than the White House claimed Erika Johnsen 6 hours ago
- Jay Carney: The toughest interview Obama had in 2012 was with … Jon Stewart Allahpundit 7 hours ago