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Do minimum wage increases actually help the poor?
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In 2015, 29 states will have minimum wages above the federal minimum of $7.25. While supporters herald the move as a victory for low-wage workers, critics argue that the policy “squeezes out” people who lack certain skill sets. Hari Sreenivasan speaks to Diana Furchtgott-Roth of the Manhattan Institute and Jared Bernstein of the Center on Budget and Policy Priorities on whom the minimum wage actually benefits.