Thursday, September 27, 2018

The New York Times Explains Why the Minimum Wage Should Be $0.00 | Intellectual Takeout

Image result for Jason VorheesThe New York Times Explains Why the Minimum Wage Should Be $0.00 | Intellectual Takeout
"The minimum wage is the Jason Vorhees of economics. 
It just won’t die.
No matter how many jobs the minimum wage destroys, no matter how many times you debunk it, it always comes back to wreak more havoc.

  • Economic Literacy from an Unexpected Source

We’ve covered the issues at length at FEE, and quite effectively, if I do say so myself.
But I have to admit that one of the greatest takedowns of the minimum wage you’ll ever find comes from an unlikely place: The New York Times.
There are many reasons people and politicians find the minimum wage attractive, of course.
But the Times, in an editorial entitled “The Right Minimum Wage: 0.00,” skillfully rebuts each of these reasons in turn..."
Read all.

No comments: