Increasing the Unemployment Rate through Minimum Wage?

It’s like every time I turn on the news I hear something the government is doing that’s in effect systematically speeding up the U.S.’s downfall. Today and for the past week there’s been talk about the minimum wage’s 70 cent jump to $7.25.

John Stossel of ABC News’ 20/20 explains.

Let’s just kill jobs we spent billions to save, right?

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