A handful of states this year have introduced bills to raise their minimum wage. That’s generated the usual cries from business groups and the regular gang of lawmakers who fight darn near every piece of pro-worker legislation that comes along.
OMG! Raising the minimum wage in the middle of an economic crisis with more than 9 percent unemployment will kill jobs. Disaster!
Well, as usual they are wrong. Raising the minimum wage not only won’t cause job loss, but it’s good for the economy, say David Madland and Nick Bunker at the American Worker Project. The federal minimum wage is currently $7.25 an hour but states can and do establish higher rates. continue reading