Washington Post: Wal-Mart holds back on minimum wage proposal - so far
By Peter Whoriskey
Washington Post, February 21, 2013
… the White House argues that “modestly” raising the pay rate will not stall the jobs recovery. “A range of economic studies show that modestly raising the minimum wage increases earnings and reduces poverty without jeopardizing employment,” according to the White House press office. ...
At a White House meeting of executives of small and medium-sized business in November that covered a range of economic issues, one advocated for raising the rate.
“I think it’s the ethical thing to do, to come up with a wage that a...