Wednesday, July 29, 2009
John Stossel : A Minimum Wage Equals Minimum Jobs
The minimum wage is snake oil.
The benefits "sound" legitimate; however, the unseen consequences are quite negative.
And, of course, the media perpetuates the sales pitches...
The benefits "sound" legitimate; however, the unseen consequences are quite negative.
And, of course, the media perpetuates the sales pitches...
At Townhall.com, John Stossel writes about the media and the minimum wage:
"The media are never better at displaying their economic illiteracy than when they report on the minimum wage."