Law & Government Leadership Videos

The Minimum Wage Increase Benefits the Haves over the Have-Nots

The Minimum Wage Increase Benefits the Haves over the Have-Nots February 11, 2020

While initial benefits of the 2020 minimum wage increases will go to those at the bottom end of the wage scale, Dean Steve Perry argues that the push for minimum wage increases will drive up other salaries and the costs of goods that support them. Thus, appreciable asset holders – the rich – are likely to benefit the most.