Stateside: The impact of increasing minimum wage

The following is a summary of a previously recorded interview. To hear the complete segment, click the audio above.

The subject of minimum wage is on the front burner these days nationally, and in Lansing.

President Obama announced in his State of the Union address that he wants to raise the federal minimum wage to $9 an hour.

And now, there's a proposal afoot in Lansing to boost the state minimum wage to $10 an hour.

We had MPRN's Jake Neher and Michigan State University economics professor Charley Ballard tell us just what would the impact be on Michigan's economy, its businesses and its workers, if the minimum wage was boosted.