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Peter Dreier: Raising the Minimum Wage Is Good for Business (But the Corporate Lobby Doesn't Think So) Increasing the minimum wage to $9 an hour and tying it to the cost of living will not, on its own, lift the country out of its economic doldrums. But it will definitely lift millions of Americans out of poverty, stimulate the economy, and create new jobs. It is the right thing to do both morally and economically.
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