Tuesday, March 28, 2006

What were they thinking?


WSJ.com - Wages of Politics: "The list of policies that could help Michigan's troubled economy is long, including lower taxes and a reduction in health-care rules and litigation costs. But Michigan's Republican-run legislature has decided that the top priority is to raise the state minimum wage."

The increase that passed the state senate unanimously this month would raise the minimum over the next two years to $7.40 an hour -- one of the highest in the country, and well above the national minimum of $5.15. How this will help the state with the third-highest jobless rate (6.2%) outside of the Gulf Coast is a mystery. The libraries are full of studies showing how states lose jobs when they impose wage controls.
When will the GOPers realize that pandering to the leftist media and making deals with the democrats is a fast ride to unemployment..... both for us citizens and for elected GOPers.

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