Of course President Obama does not hate poor people, nor does the most avid tea partier. Few (if any) policies are intended to harm the poor; in fact, most policies are intended help the poor. Unfortunately, good intentions do not always equal good results; such is the case with minimum wage.
Obama claims simply raising the federal minimum wage to $9 per hour “could mean the difference between groceries or the food bank, rent or eviction, scraping by or finally getting ahead.”
It’s not that simple, though.
“In the real world, setting a floor under the price of labor creates...