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The Good And Bad Of Raising Minimum Wage

President Obama in his State of The Union speech called for a raise in the federal minimum wage from $7.25 an hour to $9 an hour. Nevada has a two-tiered system where workers without health insurance earn $8.25 an hour, while workers with health insurance earn $7.25. Would raising the minimum wage help or hurt the economy? There is research that supports both sides of the argument, but what are the real effects of a raised minimum wage?  We'll discuss the federal minimum wage and whether raising it would help workers, or stop businesses from hiring.

GUESTS

Danny Thompson, Executive Secretary-Treasurer, Nevada State AFL-CIO

Victor Joecks, Nevada Policy Research Institute

David Cooper, Analyst, Economic Policy Institute

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Wednesday, February 20, 2013