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,
- Quotes of the Day Jazz Shaw 6 hours ago
- Christie jacking up tax on e-cigarettes Jazz Shaw 10 hours ago
- Interview with Al Baldasaro Jazz Shaw 12 hours ago
- How many people have died from GM ignition-switch defect? Ed Morrissey 13 hours ago