- Accuracy in Media - https://www.aim.org -

The $12 an Hour Minimum Wage Increase could Hurt Maine’s Economy

Economics is a real thing, not just theory. People can be hurt by minimum wage increases [1]:

A Maine proposal that would create a $12 hourly minimum wage could eliminate nearly 4,000 jobs, according to a forthcoming study.

The Employment Policies Institute, a free market think tank, found that the 60 percent hike would eliminate 3,700 jobs over four years.