There seems to be one consistent flaw in the thinking of many liberals, particularly politicians, those in the media and academia. They fail in not only the ability to think critically but in their ability to apply what has been called derivational logic. They go from point A—the problem, to point B—the solution, without ever […]
Tag: minimum wage
I’m not quite sure what organizations are involved in this new attempt to raise the minimum wage here in Idaho by referendum but they obviously have not been educated in economic theory. They don’t understand the fact that if you raise the price of wages artificially, you wind up with fewer people working instead of […]
Minimum wage and Medicaid Expansion are programs designed to help those on the margin. Unfortunately, those who seem to assume a position of moral superiority—in days past, they were called “do-gooders”—don’t understand the lessons of economic history and don’t realize that the programs that are supposed to help those in need actually hurt innocent citizens […]
Rep. Sue Chew is a pharmacist and she should stick to filling prescriptions and stop medaling with economics, which she has just proven to us that she knows nothing about with her introduction of a minimum a wage bill in the Idaho legislature. There are several states that have increased their state minimum wages to […]
Minimum Wage? Good or Bad