Minimum Wage Kills Jobs! Or Maybe It Doesnt: CBO
I’m going to come right out and say it: I’m incensed. The reason for my ire? You may have heard that the Congressional Budget Office (CBO) just came out with a report looking at the impact an increase in the minimum wage would have on the economy. Well, you may have also seen the headlines about this, which tend to read as follows: ‘Raising Minimum Wage Reduces Jobs, Poverty, Study Says,’ (WSJ) or ‘U.S. minimum wage hike would kill jobs but alleviate poverty: CBO’ (Reuters)