Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (364952)	1/2/2008 2:02:21 AM
From: Peter Dierks	Read Replies (4) of 1573954

... In the past, increases in the minimum wage have triggered recessions or prolonged depressions. For example: >Evidence demonstrates a link between minimum wage increases and the recessions of 1990-91 and 1974-75. >A good case also could be made that both the 1979-80 economic downturn and the recession that began in late 1981 were exacerbated by minimum wage increases, but this link is less obvious because inflation and other factors were involved >A minimum wage requirement mandated by the National Industrial Recovery Act in 1933 halted an increase in employment, lengthening and deepening the Great Depression. ... © 1996 NCPA ncpa.org

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