Every credible study on the impact of the minimum
wage shows that each and every time it's increased, a certain
percentage of jobs are bound to be eliminated. A 1988 Congressional
Budget Office study, for instance, projected that a proposed
increase at that time would result in the loss of 500,000 jobs.
Minimum-wage jobs are entry-level positions, most often filled
by teenagers. By eliminating even a percentage of these positions,
we are cutting out the only way inexperienced young people can
get their foot in the door of the job market.
Many minimum-wage employees earn much more than their base salary.
Waiters and waitresses, for instance, often receive far more
money in gratuities than they do in salary. Many minimum-wage
servers in fine restaurants to earn up to $40,000 a year.
Each time you increase the Minimum Wage the hardest hit are the
poor.
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