We TOLD you … again and again and again!

Liberals are trying to process the fact that increasing the minimum wage to $15 an hour has reduced both earnings and the number of jobs.

MINIMUM WAGE McD's machines

Jill Filipovic, a New York attorney, journalist and a liberal/progressive feminist author, tweeted:

Seattle’s minimum wage hike (which I thought was a great idea) may actually have cost low-wage workers.

Tweeters did not hesitate to sneer:

  • If only someone out there who understood economics had predicted this result… oh wait.
  • If only there was a 250 year old empirical social science that could have predicted this astonishing result.
  • This was all covered in the entry level economics course.
  • We told you and told you and told you.
  • Everyone but liberals like you predicted this.

As could be expected, Jill hasn’t learned a damn thing. Her follow up tweets:

The takeaway here should not be, “don’t raise the minimum wage.” It should be continued study of wage policies that optimize worker gains.

And should also be a look at broader policy packages, of which an increased min wage is just one part, to decrease poverty & inequality.

You can lead a liberal to knowledge

Source:

 

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2 Comments

Filed under Minimum Wage, Unemployment

2 responses to “We TOLD you … again and again and again!

  1. Pistol Pete

    McDonald’s Shares Reach All-Time High Following Rollout Of Automated Ordering Kiosks

    CNBC reports that McDonald’s shares have reached an all-time high following the announcement of automated ordering kiosks replacing cashiers in 2,500 stores across the country. The fast food chain’s shares increased in value by 26 percent this year compared to the S&P 500’s 10 percent return.
    http://www.breitbart.com/tech/2017/06/22/mcdonalds-shares-reach-all-time-high-following-rollout-of-automated-ordering-kiosks/

    Like

    • chrissythehyphenated

      But, but, but … where will all those college grads with useless degrees going to learn how to say, “Do you want fries with that?” !! Huh? Huh? Where are the SJWs when you need them?!

      Like