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Economics 101

Banquet

 

By: Hank Berrien – dailywire.com – June 6, 2018

A tale of two Midwestern states: In 2014, Minnesota started implementing minimum wage increases, while Wisconsin did not. Minnesota instituted phased-in hourly increases on August 1 of each year through 2016, and indexed them to inflation based on economic conditions beginning January 2017. At the beginning of 2018, Minnesota’s minimum wage increased to $9.65 per hour for large employers (up from $9.50 per hour), and to at least $7.87 per hour for small employers (up from $7.75 per hour).

Wisconsin did not follow Minnesota’s example.

And this is what happened:

Read MoreSource: Minnesota Raised Minimum Wage. Wisconsin Didn’t. Here’s What Happened. | Daily Wire

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