Friday, December 20, 2013

George F. Will: Raise the minimum wage? It’s iffy. - The Washington Post

And that's about all I have to say about that.


Raise minimum wage? It's iffy


"It's not true that life is one damn thing after another — it's one damn thing over and over."
— Edna St. Vincent Millay

Liberals' love of recycling extends to their ideas, one of which illustrates the miniaturization of Barack Obama's presidency. He fervently favors a minor measure that would have mostly small, mostly injurious effects on a small number of people. Nevertheless, raising the minimum hourly wage for the 23rd time since 1938, from today's $7.25 to $10.10, is a nifty idea, if:
If government is good at setting prices. Government — subsidizer of Solyndra, operator of the ethanol program, creator of HealthCare.gov — uses minimum-wage laws to set the price for the labor of workers who are apt to add only small value to the economy.


The rest of the list is just as awesome or moreso.

No comments:

Post a Comment