Complex relationship between minimum wage and inflation
ANALYSIS: An outright statement that increasing the floor of what workers can earn will create pressure on prices and lead to further inflation is short-sighted.
NBR columnist Hillmare Schulze speaks with Jonathan Mitchell.
The relationship between the minimum wage and inflation is complex. An outright statement that increasing the floor of what workers can earn will create pressure on prices and lead to further inflation is short-sighted. Historical data seems to support the notion that raising the minimum wage will
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