Here’s a comment by UGA Prof. Joseph J. Sabia a Prof. at UGA as he testified before the Senate earlier this week:
Minimum wage advocates argue passionately that no one who works hard and plays by the rules should be poor. I agree, as do most Americans. But, I also agree with Milton Friedman that good intentions are not enough to make good policy. The real test of this legislation is how its passage will impact the working poor. Here the evidence is clear – past minimum wage increases have not alleviated poverty and this legislation will not do so either.
You can read his complete testimony here.
Hat Tip: Georgia Public Policy Foundation’s Friday Facts email.