Contributing Editor MICHAEL LIND on The Daily Doubter regarding economics

by Kaitlin Hopkins 10/14/2009

"The minimum wage in the United States today is far below what it was a few decades ago, thanks to inflation. At the same time, in the last generation wages have stagnated while roughly half of the gains from economic growth have gone to a tiny number of rich Americans. Many conservative economists and business executives argue that companies cannot afford high wages for ordinary workers. Aren't high salaries and bonuses costs as well? "

Michael on The Daily Doubter

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