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Employment Policies Institute
New Ad in Hartford Courant Blasts Proposed Connecticut Minimum Wage Hike
June 15th, 2008
Today the Employment Policies Institute (EPI) criticized a proposed increase to Connecticut's minimum wage with a full-page print advertisement in the Hartford Courant. The ad highlights quotes by renowned economists Alan Greenspan, Milton Friedman and Gary Becker who believe that minimum wage hikes kill jobs and hurt low-skilled and less educated members of the workforce. Substantial economic research clearly shows that large increases in the minimum wage bring about increased job loss, particularly among the most vulnerable members of the workforce. Today's ad quotes Milton Friedman saying "The high rate of unemployment among teenagers, and especially black teenagers,...
Source: Pharma Investments, Ventures & Law Weekly (2008-06-15)
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