Minimum-Wage Increases: The Justice of Redistribution
Category: POLITICS
A stagnant minimum wage redistributes income from workers to owners and managers and, ultimately, shareholders and customers. Minimum-wage increases reverse this redistribution so that workers win back a little bit of what they have lost. That is a good thing -- and an excellent beginning for the new year!
By John R. Burbank, ContributorExecutive Director, Economic Opportunity Institute, 2015-01-01