The Spectacle Blog

Happy New Year, The Minimum Wage Is Down

By on 12.31.09 | 2:41PM

Colorado becomes the first state in the country ever to see its minimum wage fall. On the one hand, it is a bad economy for anyone to lose even a few cents in and the only reason it is declining is because Colorado indexes its minimum wage to inflation. On the other hand, any time a tax or government mandate falls, an angel gets its wings.

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