The Truth Will Out

Seeing as how government is a hive of ineptitude and failure, it really shouldn’t be a surprise that they actually had to study this to find the truth.

The Effects of Minimum Wages on Employment

The minimum wage has gained momentum among policymakers as a way to alleviate rising wage and income inequality. Much of the debate over this policy centers on whether raising the minimum wage causes job loss, as well as the potential magnitude of those losses. Recent research shows conflicting evidence on both sides of the issue. In general, the evidence suggests that it is appropriate to weigh the cost of potential job losses from a higher minimum wage against the benefits of wage increases for other workers.

They “discovered”, “unexpectedly” as Instapundit would say, that hikes in the minimum wage rates leads to lower employment levels.

And since the government is always right, you may now just keep this link handy for when a progressive swings through with their “no it doesn’t” arguments.

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