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Ed Schultz takes Fox News to task in his Psycho Talk segment for this--Fox News’ New Idea For Fighting Unemployment: Decrease The Minimum Wage:

Back in July, when a scheduled increase in the minimum wage from $6.55 to $7.25 per hour was about to take place, Fox News ran a segment examining how “the hike will hurt,” joining a media chorus about the supposed detrimental effect the increase would have on business hiring.

Now, with its Republican-inspired “Where are the jobs?” campaign in full swing, Fox has gone “on the job hunt” with a “new” idea for increasing employment: cutting the minimum wage. Jumping off from an op-ed by Washington Post editorial board member Charles Lane, Fox yesterday ran a handful of segments on the same basic premise — cutting the minimum wage may be the answer to the jobs dilemma.

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Gee, who could have seen this one coming? I know, Paul Krugman.

Stimulus arithmetic (wonkish but important):

Bit by bit we’re getting information on the Obama stimulus plan, enough to start making back-of-the-envelope estimates of impact. The bottom line is this: we’re probably looking at a plan that will shave less than 2 percentage points off the average unemployment rate for the next two years, and possibly quite a lot less. This raises real concerns about whether the incoming administration is lowballing its plans in an attempt to get bipartisan consensus.

[....]

I see the following scenario: a weak stimulus plan, perhaps even weaker than what we’re talking about now, is crafted to win those extra GOP votes. The plan limits the rise in unemployment, but things are still pretty bad, with the rate peaking at something like 9 percent and coming down only slowly. And then Mitch McConnell says “See, government spending doesn’t work.”

Let’s hope I’ve got this wrong.

Looks like Paul was right. It's not Mitch McConnell but Kristol and Hume are basically saying the same thing. And for the record, since Bill Kristol seems to think that it was a terrible thing for the economy for the minimum wage to be increased, I'd like to see him try to live off of it for a year.

Transcript below the fold.

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December 25, 2008 C-SPAN
Harvard President Drew Gilpin Faust celebrated Kennedy’s 46 years of “passion and compassion” in the Senate, fighting for improvement of the well-being of those in need by advocating better health coverage for workers, parity for the disabled, a higher minimum wage, reduction in the voting age to 18, better veterans’ benefits, and more funding for education. She quoted Kennedy as having lived by his maxim that, “The poor may be out of political fashion, but they are not without human needs.” Faust lauded Kennedy’s dedication to the funding of education and biomedical research and elicited a laugh from the Senator and the crowd by stating that his greatest acheivement was quite possibly having scored a touchdown in the 1955 Harvard-Yale game.

As tax cut-receiving Tea Baggers and town hall hecklers continue their tirades over health care reform, their kin in the Obama birth certificate denial crowd perpetuate their mass delusion. But lost in the fury is what might be deemed the Iron Law of Birtherism. That is, the birther movement is strongest in precisely those states where Republicans poll best and health care is worst. And as it turns out, there is a Birther Corollary: education, working conditions and myriad other indicators of social failure are generally most dismal in the most red of states.

In the staggering DailyKos/Research 2000 poll released 10 days ago, a stunning 58% of Republicans did not believe (28%) or were unsure (30%) that President Barack Obama was in fact born in the United States. (Nationally, only 11% of Americans denied Obama's natural citizenship, with another 12% in doubt.) This is a uniquely Southern pathology, a region home to 69% of all birthers and the only part of the country to increase its Republican presidential vote in 2008. And to be sure, the old times there are not forgotten. As Dave Weigel of the Washington Independent concluded, "as many as three-quarters of Southern whites told pollsters that they didn't know where Obama was born."

That the birther movement would take hold in the states of the old Confederacy should come as little surprise. While Americans rejected George W. Bush's Republican Party on Election Day in November, in counties across much of the South voters actually increased their support for the GOP candidate John McCain over Bush four years earlier. The interactive New York Times map above tells the tale of November's losers still fighting their failed 2008 campaign by other means:

That helps explains why when it comes to the delusion over Obama's citizenship, as Steve Benen observed, one of these things is not like the other:

"Outside the South, this madness is gaining very little traction, and remains a fringe conspiracy theory. Within the South, it's practically mainstream."

But that brand of racial flat-earthism is not all that's practically mainstream in the South.

Consider, for example, abysmal health care.

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