The minimum wage in LA

May 28, 2015

For lovers of irony, here’s a good one. It seems LA, which is considering an increase in the minimum wage to $15, is now being pressed to offer an exemption — for employers of union workers. More here and here. Labor leaders, of course, have been “among the strongest supporters” of the policy, ostensibly because it would help poor people. As we noted in class, there’s a better way to help poor people: give them money. That’s more or less what the Earned Income Tax Credit does.

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