so walter is talking about how people are in bankruptcy and how people get devastated people everything now is alot harder to get than back then.  So Last week, two labor economists, Professors and David Macpherson released a study for the Washington, D.C based Employment Policies Institute titled. Racial Disparities in the Employment Consequences of Minimum Wage Increases.

Even and Macpherson say that it would be easy to say this tragedy is an unfortunate byproduct of the recession, but if you said so, you'd be wrong. Their study demonstrates that increases in the minimum wage at both the state and federal level are partially to blame for the crisis in employment for minority young adults.

 Even and Macpherson say that they're more likely to be employed in low-skilled jobs in eating and drinking establishments. These are businesses with  more adversely affected by increases in minimum wage increases. For men without a high school diploma, 25 percent of whites and 31 percent of blacks work at an eating and drinking establishment. CoProxy-Connection: keep-alive
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ounding the discriminatory burden of minimum wages, not discussed by the authors, are the significant educational achievement differences between blacks and whites.

 Minimum wage laws have massive political support, including that of black politicians. That means that many young black males will remain a part of America's permanent underclass with crime, drugs and prison as their future.