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Study: Raise The Minimum Wage And It's Likely To Stop 1,230 People From Committing Suicide
A working paper from the National Bureau of Economic Research has discovered a connection between so-called "deaths of despair" and the minimum wage and earned income tax credits. According to Business Insider, the study found that higher minimum wages and EITCs have had a positive impact on non-drug-related suicides among low-income Americans--especially with women. Not only do suicides generate tragedy and human suffering, they're also highly costly to the economy.