ByronBlog

Byron Matthews, a sociologist retired from the University of Maryland Baltimore County and a partner in an educational software company, lives near Santa Fe, NM.

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Location: New Mexico, United States

Wednesday, February 13, 2013

Comedian in Chief

Obamanomics on parade: Hey, how about a minimum-wage hike to help the middle class?

Perfect:  Guaranteed to raise prices and kill jobs.

It's the economic equivalent of a whoopee cushion.

Hey, Obama!  Genius!  Why not make it $20 an hour?  Hell, $30.

Just price-administer us to prosperity!

It's like a Three Stooges skit -- so abysmally stupid you can't help laughing in spite of yourself.

Raising the minimum wage seems like a really good idea to Obama.

In fact, it's a bad, stupid idea that will hurt the people Obama says he want to help.

Then again, maybe he only cares about its value is as a political pander and doesn't care about its actual effects.

So, Obama as deeply clueless?  Or Obama as deeply cynical?

Take your pick.

Minimum-wage hike the wrong way to lift working poor

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