Tuesday, April 11, 2006

Minimum Wage Follies

Kevin Drum read two editorials today in the LA Times about the minimum wage. Unfortunately he concludes the arguments used are the only arguments against a minimum wage and concludes:
How tired and threadbare. If this kind of juvenile flailing is the best that opponents can come up with, there truly must not be any arguments left against raising the minimum wage. So how about if we stop listening to fatuous stuff like this and just give the working poor a helping hand instead? Raising the minimum wage a buck or two is the least we can do for them.

Raising the minimum wage is the least you can do for the working poor. As in, it would do the working poor no good whatsoever as I explained here and here.

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