Gingrich’s Laborious Plan to Save the Youth of America (Reuters)


[[{“type”:“media”,“view_mode”:“media_large”,“fid”:null,“attributes”:{“class”:“media-image alignright size-full wp-image-1608”,“typeof”:“foaf:Image”,“style”:“”,“width”:“100”,“height”:“100”,“alt”:“Reuters”}}]]Associate Professor of Economics Eric Edmonds writes about the implications of reducing the nation’s minimum employment age, a policy Newt Gingrich seems to support.

“What would be the practical consequences of a reduction in the minimum age of employment in the U.S.?” Edmonds asks. “Most likely, nothing good.”

Edmonds asserts the move would force unemployment higher and wages lower. In fact, he says, the national unemployment rate could rise to 13 percent.

Read the full story, published on 12/6/11 by Reuters.

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