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Democrats to Propose Increasing Unemployment at Convention?

Nate121 Wrote: Sep 03, 2012 3:23 PM
Raising the minimum wage is great if that's where you plan to stay. America is a ladder and minimum wage is the bottom rung.

Rumor has it that Democrats will include, at their up-coming convention, a proposal to increase the minimum wage.  As documented in a recent Cato study, such a policy is likely to increase unemployment, especially as I noted elsewhere among teenagers.   One would think that given how a weak economy is undermining Democrats’ chance to keep the White House, they’d actually make proposals to reduce, rather than increase unemployment.

Perhaps the most bizarre, but honest,

Related Tags: Unemployment