13 July 2006

A Minimum Wage Hike: The Real Impact

Surprisingly, small-business owners say an increase wouldn't affect them. But what would it do to the rest of us?

A GMJ Q&A with Dennis Jacobe, Ph.D., Gallup’s chief economist
Proposals to increase the federal minimum wage continue to come before Congress, and continue to generate intense controversy. Opponents of hiking the wage say it will victimize small-business owners. But is that the case? Gallup's chief economist isn't so sure. In this Q&A, he assesses the potential impact of a minimum wage hike on the economy and explores other pressing issues, such as illegal immigration and job offshoring.
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See also
Beware: Your Customers Oppose Outsourcing
Beyond the Blackberry
The Subprime Meltdown Will Burn Everyone
What the New Congress Means for Business
The Real Impact of Illegal Immigration
The Power of the Fifth P
http://www.gallup.com/poll/22711/Minimum-Wage-Has-Impact-Small-Business.aspx

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http://www.gallup.com/poll/22711/Minimum-Wage-Has-Impact-Small-Business.aspx
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