The High Cost of Using the Minimum Wage as a Form of Welfare

Tags: Labor and Wages, Taxes and Spending, U.S. Economy

02/23/2021 Martin Jones

Social activists now regard the minimum wage as another welfare program that can reduce the costs of programs like Medicaid and food stamps, and can reduce inequality. But the minimum wage is very poorly targeted for these purposes.

Original Article: “The High Cost of Using the Minimum Wage as a Form of Welfare“

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