Incentives to work
Michael Strain at National Affairs has a long article in which he proposes “A Jobs Agenda For the Right.” Much of his effort is devoted to getting conservatives comfortable with smart, limited macroeconomic stimulus spending, rather than opposing all such spending on principle. For example, he puts in a good word for “infrastructure” spending, albeit not on the scale of jaw-dropping madcap spending President Obama is constantly | Read More »
Poverty and competition
Think of this as a companion piece to “Poverty and Free Will” from yesterday, because now President Obama has jumped on Pope Francis’ remarks and used them to bash capitalism, so there’s more to say on the subject. Obama loves to use the language of markets and choice, stealing the trappings of capitalism to conceal socialist compulsion and political corruption. Challenged on the point, he | Read More »
The working wage
Every time I’ve gotten into a written or verbal discussion about minimum wage laws (or the relatively new crusade for a “living wage,” which is another exercise of compulsive power beyond what the law requires, premised on the idea that business owners who obey the minimum wage laws are nonetheless greedy villains) someone objects that people “deserve” so much better than the paltry whatever-dollars-per-hour, and | Read More »
2013 Ballot Questions- Part 8: New Jersey and the Minimum Wage
New Jersey’s Proposal #2- a $1 increase in the hourly minimum wage from $7.25 to $8.25 plus future increases linked to inflation- will be watched by other states this year. This effort in New Jersey is being pushed by the Raise the Wage Campaign, a program of the National Employment Law Project. They are attempting similar measures in Massachusetts, Maryland, South Dakota, Alaska, Illinois, Minnesota, | Read More »
The “Consider This!” Podcast, Episode 51: Now Who Could Have Anticipated That?
The latest episode of the “Consider This!” podcast is out. Conservative commentary in 10 minutes or less. This episode features a series of “shocking” revelations, that really shouldn’t be shocking at all. The liberal magazine The Nation, after getting after other businesses to raise their pay, is finally going to pay their own interns the federal minimum wage. That’s great, right? More money into the economy? Except that | Read More »
ROC the House: Capitol Hill Press Conference Gives Voice to Labor Union Front Group
Representative George Miller (D-CA) spoke at a Capitol Hill press conference on April 17 calling for a “fair minimum wage” of $10.10. This isn’t surprising, in and of itself: Rep. Miller has been a long-time advocate of raising the minimum wage. What is surprising is who introduced him: Saru Jayaraman, co-founder of the Restaurant Opportunities Center (ROC). ROC is an interesting group to be walking | Read More »
The “Consider This!” Podcast, Episode 35
The latest episode of the “Consider This!” podcast is out. Conservative commentary in 10 minutes or less. It appears that newly elected Senator Elizabeth Warren of Massachusetts is a listener to “Consider This!” How do I know? I suggest a $20 minimum wage as a thought experiment in episode 31, and now she’s one-up’ing me, suggesting $22. But her logic is flawed. (But, you knew that, right?) | Read More »
The Minimum Wage: A Case Study in Laughable Liberal Logic
In the wake of comments on an earlier post, The Minimum Wage and Liberal Math, I thought to look at the results of raising the Minimum Wage at a real company. I chose Dunkin’ Donuts, a company Liberals highlighted in a recent email campaign as only paying its workers the minimum wage of $7.25 an hour. A web search for my Zip Code showed 6 stores, all open at | Read More »
“Consider This!” Podcast, Episode 31
The latest episode of the “Consider This!” podcast is out; let’s talk politics in 10 minutes or less. In this episode, I have a one-track mind. In the President’s State of the Union address, he proposed increasing the minimum wage by about 25% to $9 an hour, as though this will somehow defeat poverty. The fact is, according to the government’s own Bureau of Labor Statistics, only | Read More »
Minimum Wage Fallacies
During the State of the Union last week, Obama issued a call to raise the minimum wage once again. He cried forth, “Tonight, let’s declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9.00 an hour”. What he fails to comprehend or deliberately ignores is that the impact | Read More »
The Job Killers Insist You Hire Criminals
The Equal Employment Opportunity Commission (EEOC) released Enforcement Guidance in April, 2012 saying that employers who rely too heavily on criminal background checks to screen potential employees may violate the Civil Rights Act. Meanwhile, the President and his economic team want to saddle employers with a minimum wage increase, which will make those with a criminal record even less attractive to hire. Making it harder to | Read More »
Dear Lotus King: I’ll see your minimum wage increase and raise you…
Though he may not consider himself an emperor (at least not yet), this last Tuesday, I came to the decisive conclusion that Barack Obama is King of the Lotus Eaters.
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Obama’s Minimum Wage Rhetoric Based on Minimum Fact
“We know our economy’s stronger when we reward an honest day’s work with honest wages. But today, a full-time worker making the minimum wage earns $14,500 a year. Even with the tax relief we’ve put in place, a family with two kids that earns the minimum wage still lives below the poverty line. That’s wrong. Tonight, let’s declare that, in the wealthiest nation on Earth, | Read More »
The Cruelty of the Minimum Wage
In his State of the Union speech Tuesday, President Obama called for an increase in the federal minimum wage, gloating that it had been endorsed even by his vanquished moderate Republican opponent in the 2012 campaign. A minimum wage increase is not needed, and would harm those it’s supposed to help.
Low-Skilled Workers and the Minimum Wage
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss disappointing retail sales for January, Obama’s call to raise the minimum wage and how the labor market hurts low-skilled workers.
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