- Minimum Wage Idiocy

Here's a pretty good piece on the minimum wage. It contains a lot of the standard liberal BS about 'disadvantaged' black youth, but at least it doesn't pretend that one more minimum wage law is the only thing standing between us and a prosperous society.

To tell the truth, I spend more time thinking about 'what liberals are thinking', than I probably should. But this is a good example of how perplexing their world view is. They (apparently) believe that if they issue a command for businesses to pay people more, employers will simply obey and let the difference be taken from their vast 'profits'.

Unions support this idea, because their contracts are so often tied to the minimum wage. Increase the minimum wage and you automatically pass an increase in wages to all unionized labor with contracts tied to it. But that doesn't mean they think it's a good thing for everyone, only for them. It takes a special breed of fool to believe that the only thing we need to make our economy healthy is one more command to ensure 'fairness'.

It's such an upside down worldview that I find it difficult to explain it's wrongheadedness without starting all the way from the big bang. There is so much background data required, that it's easier to just let the people who believe such nonsense sound stupid. But the problem is, a lot of people ARE those idiots.

So since brevity is the soul of wit, let me say it this way. The people who believe an increased minimum wage helps the economy fall into two categories:

1. Vote buying pols who know better but don't care.
2. Idiots.