OCTOBER 2006 | Economists' Statement
Hundreds of Economists Say:
Raise the
Minimum Wage
Over 650 economists, including 5 Nobel prize winners and 6 past presidents of the American Economic Association, believe that increasing federal and state minimum wages, with annual cost-of-living adjustments for inflation, can significantly improve the lives of low-income workers and their families, without the adverse effects that critics have claimed.
See the list of signatories and Read the statement here
Read more about the need for an increased minimum wage in EPI's Minimum Wage Issue Guide.
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