Daniel S. Hamermesh, an economics professor at the University of Texas at Austin, agrees — to a point.
‘‘Raising the minimum wage will kill off a few jobs and is a slightly harmful idea. Not a disaster, and some people will benefit. But it is a job-killing bill. There are better things to do,’’ he said. ‘‘On the other hand, the proposal to tie the minimum wage to the cost of living is nearly excellent.’’
He said that if the increases were linked to average wage hikes instead of the cost of living, that could even make an initial increase to $9 an hour worthwhile.
Jim Kuhnhenn covers the White House and economics and politics for the Associated Press. Follow him on Twitter: http://twitter.com/jkuhnhenn
An AP News Analysis