Biden Plans to Increase the minimum wage to $15 per hour- The pros and the 'not so obvious cons' ft. Dr. Jonathan Meer

So, there"s been a lot of talk recently about increasing the federal minimum wage. And as the Biden administration starts to take their first steps into increasing the minimum wage, I"ve always assumed that this would be good for the economy.  But over the past couple of weeks, I"ve come across several Econ Twitter posts and discussions by economists that say that the increase in minimum wages has broader implications. And I was curious about this. So today I"ve invited Dr. Jonathan Meer to help us understand the history,  the economics,  and the broader implications of increasing the federal minimum wage. Dr. Meer is a Mary Julia and George R. Jordan Jr. Professor of public policy in the Department of Economics at Texas A & M university.  He is a research associate at the National Bureau of economics research, and he"s received his PhD from the department of economics at Stanford.  He did his undergrad at Princeton where he received an AB in economics and a certificate in applied and computational mathematics. Listen to learn about more Biden"s economic plans and what it could mean for you!  To read the transcript & for links to this episode:  https://www.whyfimatters.com/post/biden-plans-to-increase-the-minimum-wage-to-15-hourly-the-pros-and-the-not-so-obvious-cons Support the show