“Low-wage earners have a little more to celebrate this new year, at least in eight states. In those states, 2012 means a higher minimum wage, under laws that peg the wage floor to inflation. The increase makes Washington the first state to set its minimum wage higher than $9 an hour.” (Christian Science Monitor)
Unemployment or a degraded work environment is something to celebrate?
FEE Timely Classic
“Minimum Wage, Maximum Folly” by Walter E. Williams