NCPA - National Center for Policy Analysis

In the Minimum Wage Debate, There Is Still No Such Thing as a Free Lunch

November 3, 2015

The city of Tacoma, Washington will soon vote on competing ballot initiatives to boost their minimum wage. Advocates argue that there are no negative economic effects to paying workers $15 an hour. In fact, they tout the economic benefits of putting more money in the pockets of workers to spend on goods and services. But there still remains a cost to mandated minimum wages, writes senior fellow Pam Villarreal:

http://retirementblog.ncpa.org/in-the-minimum-wage-debate-there-is-still-no-such-thing-as-a-free-lunch/

 

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