Mr. Charles

Classroom Blogs

39. Minimum Wage

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Minimum wage has not kept pace with the rate of inflation (meaning that in real numbers, the rate has declined) and working full-time at the minimum wage places individuals and families well beneath the poverty line.  But ending wealth inequality is not as simple as raising the rate…

http://www.theatlantic.com/business/archive/2013/12/the-true-cost-of-a-higher-minimum-wage/282131/

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