EPI Research (Page 11)

  • Why Raising the Minimum Wage is a Poor Way to Help the Working Poor

    July 2004

    Politicians from Democratic Presidential Candidate John Kerry to Senator Ted Kennedy are pushing to increase the minimum wage to $7.00 an hour. This 36 percent increase in the wage floor will only serve to decrease employment opportunities for entry-level employees—particularly the low-skill employees minimum wage hikes are intended to help. Supporters of these wage increases claim that this increase will help Americans in poverty. In[…]
  • Wage Growth Among Minimum Wage Workers

    June 2004

    Arguments in favor of increasing federal and state minimum wages often hinge on a belief that minimum wage employees are dependent on these government policies to receive a wage increase. Policymakers often believe that these employees receive raises only when the minimum wage is increased implying a notion that these individuals are unable to increase their skill level and corresponding wages without the government's assistance.[…]
  • Helping Low-Wage Americans – Wage Based Tax Credits: A New Solution to an Age Old Problem

    May 2004

    Sixty-five years ago, pharmacies stocked mercury, heroin, and radon as remedies; few people believed that a fungus-based drug called penicillin could cure anything; and the minimum wage was considered our most effective anti-poverty policy. Doctors prescribing mercury today would lose their license, yet the popularity of similarly counterproductive minimum wage increases endures—despite the existence of successful anti-poverty measures such as the federal Earned Income Tax[…]
  • Helping Working-Poor Families

    April 2004

    Two major policies relied upon during the 1990s for enhancing the incomes of working poor families were expansions of the Earned Income Tax Credit (EITC) and raising the minimum wage. Both approaches have shortcomings. The minimum wage inefficiently targets benefits to low-income families, in addition to inducing job losses among the less skilled and causing price increases on goods and services produced by low-wage labor[…]
  • Minimum Wage And Its Effects On Small Business

    April 2004

    A Hearing Before the Subcommittee on Workforce, Empowerment, and Government Programs Sixty-five years ago, pharmacies stocked mercury, heroin, and radon as remedies; few people believed that a fungus-based drug called penicillin could cure anything; and the minimum wage was considered our most effective anti-poverty policy. Doctors prescribing mercury today would lose their license, yet the popularity of similarly counterproductive minimum wage increases endures—despite the existence of proven[…]
  • San Francisco Residents Oppose Minimum Wage Hike

    July 2003

    News stories have reported strong support for an increased wage mandate in the City of San Francisco. However, more in-depth research shows that previous polls only scratched the surface of residents’ opinions’. When asked for their support level for an increased wage mandate coupled with other economic factors, residents overwhelmingly oppose a proposed $8.50 minimum wage that applies to all employers. When presented with alternatives,[…]