Raising The Minimum Wage And Lowering The Barriers To Union Organization Would Carry A Trade-off - Higher Unemployment. A Better Idea Is To Have The Government Subsidize Low-wage Employment. The Earned-income Tax Credit For Low-income Workers - Which Has Been The Object Of Proposed Cuts By Both President Clinton And Congressional Republicans - Has Been A Positive Step In This Direction.
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Raising The Minimum Wage And Lowering The
Paul Krugman
Raising The Minimum Wage And Lowering The Barriers To Union Organization Would Carry A Trade-off - Higher Unemployment. A Better Idea Is To Have The Government Subsidize Low-wage Employment. The Earned-income Tax Credit For Low-income Workers - Which Has Been The Object Of Proposed Cuts By Both President Clinton And Congressional Republicans - Has Been A Positive Step In This Direction.
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