One ‘Think Tank’ Claims $15 Federal Minimum Wage Equals 7 Million Job Losses

Jon Economy, Market Commentary, Politics

The elections are only a couple of months away and the populist vote-getting mantras are on full display.
Take the minimum wage, for example. Hillary Clinton wants a FEDERAL minimum wage of $15 per hour. Sounds great, right?
But the Heritage Foundation (located in Washington DC, a short walk from Union Station) has an interesting study claiming that a $15 Federal minimum wages will result in a loss of 7 million jobs.

This post was published at Wall Street Examiner on August 20, 2016.