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Minimum sense could defeat minimum wage hike
1 month ago | By Boston Herald
President Joe Biden, looking around at how to deal with COVID-19's assault on the economy, is pushing a program that would abet the assault. It would likely eliminate 1.3 million jobs over time, turn some full-time jobs into part-time jobs, raise prices for consumers, put some businesses out of business and depress entrepreneurial initiative in starting new businesses.
The issue is Biden's proposed $15 minimum wage that would offer benefits to millions at a significant cost to others, mainly the young and the poor. People cheer and politicians benefit while populist-style progressives pat...
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