Thursday, October 12, 2006
These Godless Communists Want The Minimum Wage Raised...
Who knew Nobel Prize-winning economists could be so vehemently anti-growth that they would actually support raising the minimum wage for the first time in ten years?
Won't somebody please think of the well-being of the poor multinational corporations?More than 650 economists, including five winners of the Nobel Prize for economics, called Wednesday for an increase in the minimum wage, saying the value of the last increase, in 1997, has been “fully eroded."
...
“We believe that a modest increase in the minimum wage would improve the well-being of low-wage workers and would not have the adverse effects that critics have claimed,” the economists wrote.
After all, it's their future we're fighting for...
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