February 28, 2014

INVESTOR’S BUSINESS DAILY: Minimum Wage Hike Support Falls On CBO Jobs Warning. “Less than half the public support a sharp boost in the minimum wage when told that it could cost the economy half a million jobs, according to the latest IBD/TIPP Poll out Thursday. That comes amid reports that some Senate Democrats are backing away from President Obama’s push to boost the minimum wage by 39% over the next two years, to $10.10 an hour, after the Congressional Budget Office found that it would kill 500,000 jobs.”