How to Make the Poor Poorer: Difference between revisions
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{{item | {{item | ||
|author=Gary Becker | |author=Gary Becker | ||
|source=The Wall Street Journal | |source=The Wall Street Journal | ||
|date=January 26, 2007 | |date=January 26, 2007 | ||
| Line 7: | Line 6: | ||
|quote="Although some workers benefit -- those who were paid the old minimum wage but are worth the new, higher one to the employers -- others are pushed into unemployment, the underground economy or crime. The losers are therefore likely to lose more than the gainers gain; they are also likely to be poorer people." | |quote="Although some workers benefit -- those who were paid the old minimum wage but are worth the new, higher one to the employers -- others are pushed into unemployment, the underground economy or crime. The losers are therefore likely to lose more than the gainers gain; they are also likely to be poorer people." | ||
}} | }} | ||
{{additional_author|Richard Posner}} | |||
{{opinion|Fair Minimum Wage Act of 2007|Act should be passed|against}} | {{opinion|Fair Minimum Wage Act of 2007|Act should be passed|against}} | ||
Revision as of 21:48, April 23, 2007
This is an opinion item.
| Author(s) | Gary Becker | |||
|---|---|---|---|---|
| Source | The Wall Street Journal | |||
| Date | January 26, 2007 | |||
| URL | http://online.wsj.com/article/SB116978492591488718.html | |||
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This item argues against the position Act should be passed on the topic Fair Minimum Wage Act of 2007.