Member of the reality-based community of progressive (not anonymous) Massachusetts blogs
Well, thank you Senator Reid.
Senate Dems made two things clear: they will not let Republicans stall on the minimum wage bill in order to avoid voting on the Iraq war resolutions. And they will be happy to withhold any pay raises for Congress until the bill passes.
The cloture vote (the vote to end debate and move forward on an up or down vote) passed, 87-10. Hit Americans in the purse, well, too bad for those poor schlubs, but hit legislators in the purse…let’s just say turnabout is very fair play.
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January 31st, 2007 at 2:00 pm
You wanna talk about faith-based science, have you seen all of the literature showing that the minimum wage displaces workers? The minimum wage is nothing but a feel-good measure that does much more harm than good.
Economist Milton Friedman said it best:
“The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest. Yet it is largely a result of minimum wage laws. We regard the minimum wage law as one of the most, if not the most, antiblack laws on the statute books.”
You know I’m a libertarian, but if you’re going to advocate something then increase the EITC. It’s not sexy and it won’t win you votes, but it works alot better.
February 1st, 2007 at 6:48 am
Increasing minimum wage is not good for the country. How can you not understand basic economics?
February 1st, 2007 at 2:59 pm
Yes Josh, Milton Friedman is a god, we know.