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To: jazusamo
On previous minimum wage discussion pages, I have posted the following Walter Williams wisdom. It bears sharing again:

The following message was published many years ago, utilizing Walter Williams' warning about the negative consequences of minimum wage laws on families and those who most need work experience and earnings. His words were true then, and he repeated the same message recently on Stossel.

Min. Wage

Dr. Williams understands and has been teaching, speaking, and writing for decades about the tragic consequences of the so-called "progressive" policies which Democrats have inflicted upon Americans--all in the name of "helping" them.

As America's Founders knew, slavery to government is no better than slavery to individual masters. Yet, the "regressives" continue to buy power and influence by promoting policies that destroy opportunity, prosperity, and freedom for our own and future generations.

In the case of the minimum wage, as Williams also has pointed out, union wages at the upper limits increase, while opportunity for youth and low-skilled workers is destroyed.

20 posted on 02/06/2012 2:32:12 PM PST by loveliberty2
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To: loveliberty2
Thanks for your post.

His words were true then, and he repeated the same message recently on Stossel.

Amen.

21 posted on 02/06/2012 2:46:16 PM PST by jazusamo (Character assassination is just another form of voter fraud: Thomas Sowell)
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