Tag Archives: minimum wage

Why Have a Higher Minimum Wage?

Popular Economics Weekly The International Monetary Fund just came out with a depressing prognosis for US economic growth—2 percent this year, and maybe 3 percent next year? Why? A too bad winter, slowdown in the housing market, and stagnant wages. … Continue reading

Posted in Consumers, Economy, Housing, Macro Economics, Weekly Financial News | Tagged , , , , , , | 1 Comment

What is a Real Minimum Wage?

Financial FAQs The debate on how to boost this economic recovery has now shifted to the federal minimum wage standard, now at $7.25 percent per hour. This is in part because the latest Census Bureau report shows 46.5 million Americans … Continue reading

Posted in Consumers, Economy, Keynesian economics, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , | 3 Comments