Why the Fair Minimum Wage Act Won't Work
Sources:
Raising the Federal Minimum Wage to $10.10 Would Lift Wages for Millions and Provide a Modest Economic Boost, EPI
http://www.epi.org/publication/raising-federal-minimum-wage-to-1010/
Otto Rühle, Karl Marx's Capital, Chapter 7: The Rate of Surplus Value
http://www.marxists.org/archive/ruhle/1939/capital.htm
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