GOP Doomsday Predictions Proved Wrong As States That Raised Minimum Wage See Faster Job Creation

by Stephen D. Foster Jr. – Once again, conservative claims that the economy would take a swan dive if the minimum wage were to be raised were absolutely wrong. As it turns out, raising the minimum wage is the real job creator, not greedy corporate CEOs as Republicans would have us believe. And here’s the proof. 13 states, including Arizona, Connecticut, Colorado, Florida, Missouri, Montana, New Jersey, New York, Ohio, Oregon, Rhode Island, Vermont, and Washington, raised their minimum wage in January. Out of all of these states, only New Jersey saw a decrease in employment over the first five months of the year. The other 12 saw speedier job growth in the first half of 2014 compared to 2013 than states that didn’t raise their wages. That’s what a new report from the Center for Economic and Policy Research says. According to the CEPR report released on June...

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