Description: Employees of the big box store are planning a national day of protest for higher wages. Economist Richard Vedder on why we’ll all be in trouble if they get their way.
Date: Sep 05, 2013
Questions for Discussions:
- How would a jump in minimum wage to $12/hour affect companies now paying substantially lower wages?
- How would financial planners likely respond to an increase in hourly rates?
- What are the arguments for and against confronting employers like Wal-Mart?