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A report released this week by the Annie E. Casey Foundation, dedicated to helping disadvantaged children in the U.S., shows 16.1 million American children, or 22 percent, were living in poverty in 2013 — three million more than during the 2008 recession. The statistics are sobering to say the least and will likely have long-lasting affects that will be detrimental to the nation’s economy. Economist Albert Williams discusses this report and another study that shows raising the minimum wage will not hurt employment.
Albert Williams, Ph.D., Nova Southeastern University