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The Buck Doesn't Have To Stop Here

clément, Thursday, December 23, 2004 - 18:02

Amy Chasanov

Most Americans believe it's wrong that a parent can work full time and still live and labor in poverty. In a recent poll by the nonpartisan Pew Research Center, 77 percent of all Americans agreed that increasing the minimum wage is an important priority.

Today, in a statement just released, more than 560 leading economists—including four winners of the Nobel Prize in economics and seven past presidents of the American Economic Association—are declaring that they agree. Noting that the decline in the real value of the minimum wage has been a hardship for low-wage workers and their families, these economists argue that the minimum wage is “an important tool in fighting poverty



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