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Tuesday, December 27, 2005

Should we repeal the minimum wage?

Hans F. Sennholz, Professor Emeritus at Grove City College, says "Good intentions, when guided by error and ignorance, may have undesirable consequences. There is no better example than minimum wage legislation." ...

"Yet, many politicians who neither own nor manage a business and do not employ such labor never tire of lamenting and deploring low wages and promising to raise the wage minimum by law and regulation."

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