Three reasons to raise the federal minimum wage
Friday, January 17, 2014 - 10:20
in Mathematics & Economics
Leading economists, including Lisa M. Lynch, dean of the Heller School for Social Policy and Management, sent a joint letter this week to President Obama and congressional leaders in support of the Fair Minimum Wage Act. The proposed legislation would incrementally raise the federal minimum hourly wage from $7.25 to $10.10 by 2016.