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Currently the federal minimum wage is poverty pay of $7.25 (though it's higher in many states).
Sadly, the minimum wage probably won't be raised soon. President Obama said in 2008 he<="http://2012.presidential-candidates.org/Obama/Minimum-Wage.php"> wanted to raise the minimum wage to $9.50 by 2011. He no longer has a majority in the House of Representatives, and key Republicans say they'll block it.
<="http://teamsternation.blogspot.com/2011/07/paul-ryan-catfood-for-seniors-350-wine.html">Premium-wine enthusiast Paul Ryan says raising the poverty wage would stifle job creation. Let's be honest: Paul Ryan doesn't give a rat's ass about job creation. Even if he did, he'd be wrong.
Study after study shows raising the minimum wage has no impact on employment. The <="http://www.cepr.net/documents/publications/min-wage-2011-03.pdf#page=3">Center for Economic and Policy Research found "no impact."A<="http://www.irle.berkeley.edu/workingpapers/157-07.pdf"> Berkeley study found "no detectable employment losses."
And one study showed raising the minimum wages increases employment. <="http://davidcard.berkeley.edu/papers/njmin-aer.pdf">David Card and Andrew Krueger found that New Jersey created jobs in 1992 by raising the minimum wage to $5.05.
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