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Is the minimum wage increase good for low-wage earners in the U.S.?
a Yes, the minimum wage increase is a more effective economic stimulus than the tax rebate.
b No, the pay hike will make it more difficult for low-wage earners to get a job, especially for inexperienced young workers, because firms will cut back labor costs to employ lower-paid workers.
c No, it will mean a worse situation for us all, because firms will pass the increased labor costs along to us all, as consumers.
c I don't know.
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