That notorious socialist rag, Bloomberg, weighs in. And guess what? Raising the minimum wage boosts job creation. It’s enough to make you think that neo-Keynesian economics actually work.
It’s Official: Job Growth Exploding While Poverty Shrinks In State With Highest Min. Wage! (Video)
March 6, 2014

Via Americans Against The Tea Party:

If you want to spark an argument online, talk about the minimum wage and how wages impact the macroeconomic picture. Nothing stirs the hornet’s nest like that; the inequality apologists and libertarians swarm forth like hornets to defend the Golden Calf of unregulated capitalism and the Law of Iron Wages, pulling all of the tried and true arguments against it from the their bag of tricks. The most common argument that they use is that forcing employers to pay their employees more with a minimum wage will kill jobs – but they have others, and you’ve probably seen some of those anti-minimum wa...

Continue reading...

Discussion

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.
Mastodon