The View From 1776

Econ 101 - Higher Price Means Lower Demand

President Obama called for a higher minimum wage in his State of The Union address.  That sounds good to the great majority of people, who don’t understand even the basics of economics, but it will harm the people whom he intends to help.

Posted by .(JavaScript must be enabled to view this email address) on 02/14 at 05:31 PM
  1. NCIe THis is osnic egreat!
    Posted by essayswriter.net  on  02/19  at  05:29 PM
  2. When your life flashes before your eyes, make sure you’ve got plenty to watch
    Posted by essaycastle.co.uk  on  02/25  at  01:05 PM
  3. Thomas,

    The logical corollary to your asserting that an increase in the minimum wage hurts low income people is that if this is true, we should lower the minimum wage to help them out!

    Let's set the minimum wage to, say $4.00 per hour and really do them a favor! Then, the job creators will be falling all over themselves to hire more people and our unemployment problem will disappear!

    Posted by .(JavaScript must be enabled to view this email address)  on  02/25  at  05:16 PM
  4. Don't stop at $4.00. Eliminate the minimum wage entirely.
    Posted by .(JavaScript must be enabled to view this email address)  on  02/26  at  11:04 PM
  5. Grraet to read!!!
    Posted by dissertationmonster.co.uk  on  02/27  at  06:11 AM
Commenting is not available in this channel entry.