The Top 10 Liberal Superstitions – #4

– Kate Bachelder, The Wall Street Journal

4. Raising the minimum wage helps the poor. The president wants to increase the federal minimum wage to $10.10 from $7.25, with the tagline “Let’s give America a raise.” The Congressional Budget Office estimates that the hike would cost 500,000 jobs…

Minimum-wage increases help some poor families—at the expense of other poor families.

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