Re: conservatives/libertarians position on the minimum wage might charitably be termed 18th century
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Re: conservatives/libertarians position on the minimum wage might charitably be termed 18th century         

Group: sci.econ · Group Profile
Author: Robert Bunn
Date: Oct 17, 2006 23:50

Please pardon the self-response, but I had to share this:

D. Mark Wilson, "Raising the Minimum Wage: Rhetoric v. Reality"
http://www.heritage.org/Research/Labor/EM590.cfm
D. Mark Wilson argues against an increase in the minimum wage in this
April 23, 1999 Heritage Foundation Executive Memorandum. He argues that
a higher minimum wage would:

a.. not have a direct effect on poverty,

b.. make it more difficult to move people from welfare to work,

c.. reduce the amount of job training received by workers,

d.. raise teenage unemployment rates, and

e.. encourage teenagers to drop out of school.
That ought to make it a great bipartisan effort. The Democrats want
everybody on welfare, the Republicans want everyone who isn't on welfare
to be a poorly trained drone, and they both want the average American to
be too poorly educated to realize that the Two Parties are symbiotes to
each other and parasites to the people.
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