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CBO Not Competent To Assess Economics Of Minimum Wage

CBO Not Competent To Assess Economics Of Minimum Wage Post laments that a $15 minimum wage would (according to CBO) eliminate about 1.4 million jobs when fully in effect, with half of the job losers leaving the workforce. Because of the projected fall in employment, the CBO also calculates that a $15 minimum wage would increase federal budget deficits by $54 billion dollars over ten years while adding $16 billion to federal interest costs. Please share this article - Go to very top of page, rig...
United States Alan Krueger Enrique Garcilazo David Card Jamesk Galbraith Washington Post

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