Posts Tagged ‘minimum wage’

on progressive policies

April 20, 2017

“But this study puts the appeal of superficially progressive measures like the minimum wage hike among the wealthy into sharp relief: It will help clear out the restaurant scene of establishments they don’t want to go to while taking jobs away from people they don’t know.”

The notion that there is some sort of moral imperative for increasing the minimum wage, as if it will improve the lot of the less fortunate, continues to fail the test of actual benefit to the people it intends to help. As the effects in San Francisco on the restaurant industry indicate, choices for less wealthy people are reduced, and opportunities for less established workers are more rare, while the wealthy and established remain unaffected.

h/t Instapundit