Latest / Pitchfork Economics with Nick Hanauer
What’s the deal with the CBO report?
The big news in the minimum wage world this week is the brand new CBO report—which, among many benefits, also found that a $15 federal minimum wage would cost jobs, increase the deficit, and raise prices. How can that be, when most modern minimum wage studies suggest the opposite? Goldy and Paul explain how CBO arrived at their numbers.
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Further reading:
The CBO report: https://www.cbo.gov/system/files/2021-02/56975-Minimum-Wage.pdf
General coverage and analysis -
CBO report finds $15 minimum wage would…
The skinny
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