Why Minimum Wage Hikes Won't Work

There are protests going on across the country demanding that the minimum wage be raised. But Steve and Brian explain why from a business standpoint, it just won't work. Also - what a disappointing Black Friday means for retailers and consumers, and an update on Detroit's bankruptcy.

Episode Segments:

Money @ Work: Minimum Wage Debate What a slow Black Friday means for retail sales moving forward, and how a minimum wage increase would affect small business. Also - Detroit's bankruptcy proceedings move forward, and what's causing the market to decline.
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