Tag Archives: minimum wage

A perfect storm

2014-03-18 perfect storm

When minimum wage meets maximum stupidity

You may know the name of Elizabeth (Pocahontas) Warren. What you may not know is that she is also the original author of the “You didn’t build that” argument that Obama made famous. The argument is revolting, but I think Senator Warren surpassed that performance in this Senate hearing about the minimum wage. It’s only five minutes, watch it, but here is the essence in a few sentences:

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Maximum confusion

2014-03-02 Maximum confusion youth-unemployment

The Australian ‘myth’

In my previous post I put up a few thinking points for your consideration. Here, I want to show you some fascinating pieces I found researching the subject. I came across several mentions of the Australian experience.
Interestingly, if you google “Australian minimum wage myth” you will get both sides of the argument.
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