Sunday, May 8, 2016

The Current State of Economic Understanding

Here's a headline from The WeekPresident Obama calls for higher minimum wage following disappointing job report.

This would be more appropriate coming from The Onion since a higher minimum wage would increase unemployment and make the jobs report "more disappointing."

I really doubt that Obama even linked the two.

  -RW

1 comment:

  1. I really doubt that Obama even linked the two.

    Maybe yes, maybe no. But the net effect is more government dependency which is good in Obama's book.

    ReplyDelete