This is just one of the many great ways to create economic growth during these difficult times. Minimum wage laws are just another way that the government declares war on small businesses, young people, and minorities. For more thorough analyses of economic principles Henry Hazlitt’s Economics in One Lesson is a great place to start.
Yet they’ve relentlessly pushed to subsidize unemployment, even though Paul Krugman and Larry Summers have acknowledged that unemployment insurance reduces the incentive to find a job.
Now there’s talk of pushing for a higher minimum wage. Here are some details from a report in The Hill.
Advocates pushing for a minimum wage increase are looking to turn it into an election-year issue as the campaign season heats up this fall. Such a hike is expected to be included in the Democrats’ 2012 platform — which will be presented to delegates at the…
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