This is one of the basic economic ideas of the Left: reparations and retribution. And they never, EVER care about the results of their policies.
KLAR: How Good Intentions Inflict a Vicious Cycle of Poverty
Both political parties have been signaling their commitment to addressing the so-called affordability crisis. A recent report suggests that well-intentioned initiatives to increase minimum wages, while supported by a majority of voters, generally have a negative economic effect on those most in need. Good, old-fashioned economics explains why supply and demand do not bend to … Read more