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May 1, 2004

Affleck v. Friedman on minimum wage laws

I got a chuckle out of this: The Machete' of Truth's Blog of Truth: Democrat vs. Republican Experts square off. The issue: The Minimum Wage.

Affleck, who earns millions per screen appearance, appeared alongside Massachusetts Senator Ted Kennedy to urge lawmakers to increase the federal minimum wage from its current five dollars and 15 cents per hour to seven dollars per hour....
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Milton Friedman speaks out on this very important issue: "Minimum wage laws cost jobs. Employers cut out, or mechanise, jobs that are not worth the minimum rate to them. Worst affected are the inexperienced young people, those with poor skills, and minorities."
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Wow, talk about a toss up...

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This page contains a single entry by Chris published on May 1, 2004 9:36 PM.

Sullivan on Tillman, and America was the previous entry in this blog.

USA as good role model? is the next entry in this blog.

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