Minimum-wage defenders don’t have much in the way of hard data to refute the disemployment effects of these policies. Instead, they argue that minimum-wage laws alleviate poverty, which is the greater good, in their view. Here’s how Obama put it in his 2013 State of the Union address: We know our economy is stronger when we reward an honest day’s work with honest wages. But today, a full-time worker making the minimum wage earns $14,500 a year. Even with the tax relief we put in place, a family with two kids that earns the minimum wage still lives below the poverty line. That’s wrong. That’s
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