Barney Jopson, writing for Financial Times, quoted Will Marshall, PPI president, on President Obama’s plan to raise the minimum wage. The article explores the popular support for a minimum wage hike and the conservative economic arguments against the President’s policy. Marshall presents an alternative, progressive option to lessen America’s growing inequality:
Will Marshall, president of the Progressive Policy Institute, a think-thank that was close to Bill Clinton’s White House, says minimum wage hikes are a populist but outdated leftwing perennial. Tax credits would be a more efficient way of helping the working poor.
“This agenda doesn’t go to the overriding concern of the American people, which is to revive economic growth,” he says.
To read the entire article, visit the Financial Times website here.
