This is not the first time I’ve talked about this, I guess because the left just keeps failing to realize that minimum wage laws hurt the poor…but then again keeping the poor on government assistance keeps them voting democrat so it could be they are just ensuring their base for the future.
Investors Business Daily explains what’s wrong with the plan of fast-food industry workers to strike for higher wages.
Egged on by unions, fast-food workers plan to strike in dozens of U.S. cities for much higher wages. Sadly, they’re being used to do something that’s not in their own interests.
Sensing the time is ripe, the Service Employees International Union and union-funded front groups are organizing a walkout of workers at fast-food joints in about 100 cities to protest how tough it is to live on the federal minimum wage of $7.25 an hour.
They’d like that nearly doubled to $15 — and not just for fast food, but retailing and other industries too.
Sounds great. But even by the loopy logic of the left, this is economic insanity and would lead to greater misery, fewer jobs and fewer opportunities for all.
That’s not just our opinion. Economists David Neumark…
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