[davidboyd] Cool Papa Boyd:

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Posted by Cool Papa Boyd:

http://davidboyd.org/posts/1173371754.shtml


   Related to recent discussions [1]raising the minimum wage in GSO
   [2]here, [3]here and [4]here.
   [5]Hamersma:

     Thereâs a more direct path to improving incomes for the working
     poor. Instead of requiring employers to pay more, and then allowing
     them to apply for reimbursement through tax subsidies, why not skip
     the middleman and subsidize the worker directly?

   and...

     If we donât think that people with low incomes are getting what
     they need, letâs not look to ineffective employer tax credits to
     try to create jobs. And letâs not burden employers with the costs
     of a higher minimum wage, most of which wonât even go to low-income
     families. If additional investments are to be effective â and
     directed toward the intended recipients â they should focus instead
     on making sure our Earned Income Tax Credit program provides an
     adequate income supplement for the working poor.

   If you want the poor to have more money, give it to them. Don't go
   mucking up the labor market any more than it already is.

References

   1. http://greensborominimumwage.blogspot.com/index.html
   2. http://greensborominimumwage.blogspot.com/2007/02/can-nc-city-set-minimum-wage-higher.html
   3. http://greensborominimumwage.blogspot.com/2007/02/who-earns-less-than-936hour.html
   4. http://edcone.typepad.com/wordup/2007/02/minwage_campaig.html
   5. http://www.nytimes.com/2007/03/08/opinion/08hamersma.html?ex=1331010000&en=e52df82caed24540&ei=5090&partner=rssuserland&emc=rss