Minimum Wage Hike Crushing Jobs Again
Reports coming out of Washington D.C. show the restaurant business is shedding jobs. And the steadily rising minimum wage is likely the culprit.
Reports coming out of Washington D.C. show the restaurant business is shedding jobs. And the steadily rising minimum wage is likely the culprit.
Turn on the tube and economic ignorance seems to be everywhere. There is constant shilling for more government. Business is demonized. Man is said …
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…
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.
“Inequality is the defining challenge of our time,” according to President Obama. It’s certainly the topic of the day for Paul Krugman, Joe Stiglitz …
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 …
New York seems to have more than its fair share of knuckleheads. Paul Krugman and Tom Friedman are both stalwart columnists in The New …
There are certain sounds that tend to make people crazy. Think of nails on a chalkboard. An infant screaming nonstop on a long flight. …
The Occupy protesters imagine that they stand in a great tradition of American radicalism, willing to stand up to the man and risk arrest …
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 …
