Paul Krugman; Why A Minimum Wage Hike Will Not Impact U.S. Global Competiveness

"Who gets paid this low minimum? By and large, it's the man or woman behind the cash register: almost 60 percent of U.S. minimum-wage workers are in either food service or sales. This means, by the way, that one argument often invoked against any attempt to raise wages -- the threat of foreign competition -- won't wash here: Americans won't drive to China to pick up their burgers and fries." Paul Krugman in The New York Times.