opportunities by increases in the minimum wage joining me now to further make this kind this claim is brian doherty and he's the senior editor at reason brian welcome the show thanks so for today's minimum wage to have the same purchasing power that it had in the one nine hundred sixty s. it would have to be increased to ten dollars an hour what effect would such an increase have on the economy. well i mean there's no way to quantify it but we do know that this people think and earn the minimum wage tend to be the lowest skilled among us and in many cases being youngest among today's worth remembering more than half of the people earning the minimum wage in america people between the ages of sixteen and twenty four generally workers the minimum wage it's not really right when there are people trying to earn an entire family income so you look at the people who are most affected by. these are people who need most of all to get. in the job market one of the best ways to increase your ability to earn more money in any job market having had your foot in the door and if we lock out which we inevitably w

now i spoke earlier with brian doherty senior editor at reason to learn more about this perspective and i first asked him why he thinks raising the minimum wage isn't a good idea. well i mean there's no way to quantify it but we do know that this people think and earn the minimum wage send the lowest skilled among us and in many cases bring youngest among us today is worth remembering that more than half of the people earning the minimum wage in america people between the ages of sixteen and twenty four generally are workers a minimum wage that's not really right when there are people trying to earn an entire family income so you look at the people who are most affected by. these are people who need most of all to get a hold in the job market one of the best ways to increase your ability to earn more money in any job market having had the door and if we walk out which we inevitably will no employer is going to hire an employee who needs money so value your employer in the end up being less than whatever the minimum wage is you're not going to get hired and this can have a really bad eff