September 23, 2008

Economy Goes Down, Minimum Wage Goes Up

Missouri’s minimum wage is set to go up again in January. Here’s a thorough article in the Springfield Business Journal covering both sides of the issue very well.

The increase itself is not large as far as wages go, but I’m sorry it has to happen right now, when the economy’s not doing so well. This is a problem with tying the minimum wage to inflation — you don’t get to time the increases so as to soften the blow.

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