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“Where most economists agree is that the higher minimum wage does not do much to relieve...

“Where most economists agree is that the higher minimum wage does not do much to relieve poverty.”

                                                                        The Economist

This agreement among economists is best supported by the fact that:

Unemployment rates for teenage women are lower than those for teenage men.
Minimum wage increases are usually matched by increases in the EITC (Earned Income Tax Credit).
Minimum wages do not affect labor markets when the economy is growing.
Minimum wage laws by their design cannot distinguish between rich and poor workers.
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