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ID number:939691
Evaluation:
Published: 03.11.1996.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

It sounds simple raise the minimum wage, reward hard work, and strike a blow against the society's inequalities. It's an emotional argument that blurs out the truth and make's people forget one important economic lesson: There's no such thing as a free lunch. The minimum wage has not been increased since the industrial welfare commission raised it to $4.25 an hour. The IWC and the legislature have not agreed since that time that any additional increase is justified because of California's recession and the downward turn in the business climate. …

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