Friday, April 15, 2016

Puerto Rico And The Minimum Wage Scam

A myth pushed in favor of higher minimum wages is that companies rake in huge profits and should be forced to spend those profits on their employees. The problem is that premise has never been true, and the 2007 experience of Puerto Rico, Samoa, and the Marianas Islands - where minimum wages were forced much higher in 2007 - shows minimum wage kills jobs and economies.

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