Notable Quote – Minimum Wage was born out of Racism

The last year in which black unemployment was lower than white unemployment – 1930 – was also the last year in which there was no federal minimum wage law. The Davis-Bacon Act of 1931 was openly advocated by some members of Congress on grounds that it would stop black construction workers from taking jobs from … Read more

What the Proposed Trump 2021 Budget Cuts

Notable Quote – Why NOT hold politicians personally accountable for their decisions about the rest of us?

Prof. Don Boudreaux brings up an EXCELLENT idea / point about the miserable outcomes that may well come from really bad policies – can we hold Bernie (the socialist with three houses and millions made from his best selling books?) personally accountable? Reformatted, emphasis mine: Sen. Bernie Sanders (I-VT) wants to punitively tax certain firms … Read more

The Minimum Wage is Actually Zero

If you have no job, you have no wages. When that is the case you are getting the minimum wage. ZERO dollars per hour. Biden has a plan to raise the federal minimum wage to $15. If we go there it will kill over a million jobs according to the CBO. Do you trust your government?

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Notable Quote – You’re Racist if You Support Minimum Wages

The racial effect of the minimum wage laws exist in the absence of racial preferences on behalf of employers. The minimum wage law gives firms effective economic incentive to seek to hire only the most productive employees, which means that firms are less willing to hire and/or train the least productive employee, which includes teenagers, … Read more

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