minimum wage

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The Battle Against Economic Stupidity

Turn on the tube and economic ignorance seems to be everywhere. There is constant shilling for more government. Business is demonized. Man is said to be trashing the environment. “Workers and women are oppressed” is the constant mantra. And members of the clueless media nod their heads in unison. Only John Stossel has provided the …

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The War on Jobs Continues

Politicians love raising the minimum wage because they don’t have to ask voters to pay more in taxes. They just dump the costs onto shop owners. But they don’t act like politicians and go into debt to pretend like they have all the money in the world. They face real world situations. And sometimes that means replacing workers with more affordable options…

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Why Minimum Wage Means Maximum Slavery

Politicians who love Big Government love talking about the minimum wage. It’s one of the few policy where they don’t have to ask their constituents to pony up the extra tax dollars to pay the higher costs. Instead, they pass the buck to business owners. They can’t print money, nor can they can force you to pay more. So they cut back hours and fire the very workers politicians tried to help. But that’s how things go when you mess with the economy.

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How to Fake a Fast Food Strike

Oh, how the media love a good strike. Look at these fast-food workers and peasants standing up to the owners of capital! They aren’t going to take the oppression anymore. The suits in the boardrooms had better shape up and stop hoarding all that money. They need to give it up to the men and …

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The Claptrap Behind the Minimum Wage Debate

New York seems to have more than its fair share of knuckleheads. Paul Krugman and Tom Friedman are both stalwart columnists in The New York Times. And there’s staff writer James Surowiecki at The New Yorker. More about that in a minute… First, investors are taking it easy… distracted by barbeques, family reunions, and the …

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The Basement Beneath the Wage Floor

There are certain sounds that tend to make people crazy. Think of nails on a chalkboard. An infant screaming nonstop on a long flight. A piercing whistle that won’t go away. Now we need to add another: a U.S. president who thinks he can legislate high wages into law. For anyone who knows the basics …

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Is OWS Really Radical?

The Occupy protesters imagine that they stand in a great tradition of American radicalism, willing to stand up to the man and risk arrest in order to achieve their goals. The most obvious case of such a mass movement would be the anti-war protests of the 1960s. They started small and grew and grew until …

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Taxes Can Kill the Web Marketplace

Let’s say you are a farmer and most of your animals are dead from disease. But there are a handful of chickens still making it, and a couple of cows too. So you decided to kill them too. Now, why would you do that? I want to ask the same question of those who are …

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