In response to:

Obama’s Minimum Wage Plan

johnm h Wrote: Feb 18, 2013 7:19 AM
The proposal is just politics, he knows republicans will have to oppose such nonsense. He then gets to demagogue and play class warfare.
Pistol Wrote: Feb 18, 2013 7:59 AM
john h, there has got to be a strong element of truth in what you say. The best course for the reps, IMHO, is to proclaim as loudly and boldly as the MSM will permit why these things won't work, then as quietly as possible, "fail" to prevent their implementation. Several reasons for this First, our real problem isn't Barry. He's a symptom, not the disease. The problem is the incredible number of dis-informed, low (truth) information voters who believe his krap. Only harsh reality has any chance of wising them up, So, as nasty and painful it is for all of us, I believe these ideas can only be scotched by putting them in effect, and suffering the consequences. Its not as bad as it may seem, because we are headed for the crunch anyway.
Pistol Wrote: Feb 18, 2013 8:04 AM
Better it come soon, with reasons as clear as possible and an unabashed left wing ideologue in the WH. The left will continue to blame Bush. The Reps must do their best to educate, to keep their skirts as clean as possible, to maintain the position we tried to stop this and we told you it would happen. So far, they are doing a terrible job of this.
ppotts Wrote: Feb 18, 2013 9:04 AM
to hell with trying to change their unthinking minds. there is nothing like the growl of an empty stomach to make haughty people see the light.
johnm h Wrote: Feb 18, 2013 10:05 AM
The problem is that the minimum wage hits marginal employees and they drop into dependency from which it is difficult to escape. They then become loyal democratic voters. There is no learning.

Economic research has only a tenuous relationship to economic policymaking in Washington. President Obama’s new proposal to raise the federal minimum wage from $7.25 to $9.00 is a case in point. It would bad for workers and the economy, but the administration seems to be ignoring the large body of theory and evidence on the issue.

Labor economist Mark Wilson discusses the economics of the minimum wage in an essay on Downsizing Government. Here are a few highlights:

There is no free lunch when...