Thursday, May 12, 2011
What Will It Take to Make Christians Finally Pay Attention?
Once again, our remarkable former colleague (FSU's loss was very much Trinity's gain) David Macpherson looks at the critical issue of who gains and who loses from increases in the minimum wage in this new report co-authored with William Even of Miami University. Using careful econometric techniques, they conclude (again) that the job-loss effects of the minimum wage fall disproportionately on young black Americans. What is new here is their finding that increases in the minimum wage raised unemployment for African Americans by a stunning 40 percent more than would have occurred merely from the Great Recession. Christians interested in social issues: is anyone listening? Does anyone care about what's actually going on out there?
(Thanks to NCPA for the tip about the study).