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The Minimum Wage and Economic Reality

Ernie Kaputnik Wrote: Feb 23, 2013 12:35 PM

Low-income earners are already subsidized and supported by a myriad of social welfare programs such as food stamps, WIC, free school breakfasts & lunches, section 8 housing, and in many instances preferential hiring practices, along with free Obamaphones. What more do we need to provide them with?

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The Minimum Wage and Economic Reality

President Barack Obama and Democrats in Congress want to raise the minimum wage to improve the lot of the working poor. But they've got the wrong idea. The problem is not that these workers earn so little; it's that the things they buy cost so much. I propose instead to outlaw high prices.

No one, after all, likes paying too much. So let's put a stop to it. Gas is too expensive? Make it $2 a gallon, max. Bread and meat take a big bite out of the family budget? Poor people could eat better if they had to pay only $1...

Related Tags: Jobs and Economy Minimum Wage State of the Union President Barack Obama