Posted by
Publius North on Wednesday, January 16, 2008 11:20:10 PM
Recent comment on the "minimum wage" raises several questions. Who today actually works for the minimum wage? Anybody in New York City, Los Angeles or Boston? Doubtful. Do we want to establish a minimum wage for the nation based upon the economy of Chicago, Illinois or Shelbyville, Illinois? Or, Podunk, North Dakota? Whoever believes we can have a truly valid "minimum wage" policy would also believe that national price controls would be manageable. What to try that again?
Cheers,
Publius