Don Boudreaux in a satirical knockdown of the proposed increase in the minimum wage has this witty little bit:
“It’s impossible for students with ‘D’s and ‘F’s on their transcripts to succeed as they deserve in life,” remarked Sen. Bernie Franken, an Independent from Elitia.
It took me too long to realize with Boudreaux had done here. I got the grade parody right away, but I almost googled Elitia. (I probably shouldn’t admit being stupid on the internet.)
I have a 15 year old son. Both he and I would like him to get a part time job this coming summer. I don’t think it will be easy if employers are forced to pay him $9.00 per hour. He’s not worth that much. Yet. I think he’ll be worth a lot on an hourly basis someday, just not right now. Because he’s not worth $9.00 per hour to an employer today, it will be more difficult than it needs to be for him to learn how to work for someone.
I don’t believe that most democrats actually think raising the minimum wage is a good idea. I just can’t figure out if there is any motivation for the move beyond the symbolism of the act. Those democrats that believe raising the minimum wage is a good thing, well there’s no help for them.