Thursday, December 16, 2010

"Fact sheet" on minimum wage stirs controversy

Here’s a nice little fact sheet on the debate over the minimum wage, at a site called “The Work Buzz”. It’s called “A few things you should know about the minimum wage.” It’s interesting that it says that Oklahoma City is the nation’s lowest rent metro area, and even there the minimum wage would barely pay a year’s rent.

The real value of this post is the extensive comments. Some of the speakers are quite explicit that most of us are just a few paychecks from living in the streets.

In some cases, companies get around minimum wage laws by hiring people as “independent contractors.”

I found a copy of the study by Arindrajit Dube, T. William Lester and Michael Reich at a Berkeley site called “eScholarship” here.

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