The US economic expansion now officially qualifies as the longest in history! The nation’s GDP has grown for the last 121 consecutive months, having started back in 2009 after the end of the Great Recession. Notwithstanding the strength and growth of the economy, the country is replete with those who would hamstring it. A new paper, entitled Minimum Wage Effects in Low Wage Areas was released this week by economists at the Institute for Research on Labor and Employment, headquartered at UCal Berkeley. In the report, the authors claim that raising the federal minimum wage by more than 100% (from the current $7.25/hour to $15 per hour) would not increase unemployment in low-wage states, and that it would have only positive effects. They write that they “do not detect that minimum wages decrease employment or hours in low or high impact areas. Minimum wage increases do, however, reduce poverty rates among households and children.”