The Truth About the Minimum Wage
President Obama can insist that employers pay their workers $10 an hour, but he cannot force an employer to value a particular worker’s efforts more than he values that $10. If a worker does not produce $10 per hour of value, he is likely to be unemployed. In this video, The Foundation for Economic Education explains the downside of raising the minimum wage. Want to learn more? Here are some resources about the economics of the minimum wage:http://www.fee.org/the_freeman/detail…