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Barack Obama and the Teachable Wage

johnm h Wrote: Feb 18, 2013 7:37 AM
The proposal is shear demagoguery. He knows republicans will oppose it. It has the advantage, if adopted, for democrats of also adding more marginal employees to the role of dependency where democrats seem to want them.

February 17, 2013

The U.S. President wants to up the national minimum wage to $9 per hour. How daring.

Such pushes to increase the legal minimum wage often succeed. There’s no mystery why. Most folks’ wages are not directly affected; we work for far more than that minimum. So it’s about other people. One consequence of this is that we don’t think very carefully about the logic of the regulation.

Which is why so many of us simply bow to social pressure, thinking that opposition to raising the minimum wage is “uncaring.”...

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