IMF Channels Obamanomics on U.S. Minimum Wage
This week the International Monetary Fund’s (IMF) annual U.S. economy review urged an increase in the U.S. minimum wage rate, describing it as “low by both historical and international standards and saying an increase would raise incomes for millions of working poor Americans.” Actually, it’s just the opposite. As Heritage’s James Sherk testified last year,…
