[2ndDivisionVet]

Discuss.

[Captain Compassion]

Ok. Would $25 an hour do these good things twice as fast?

CC

[marktwain]

You cannot gain prosperity by requiring people to pay employees more than they are worth to the company.

This is about as anti-liberterian a message as I have ever seen. It is a statist claiming to be a liberterian, or someone who is simply economically ignorant.

What would really happen is that those jobs that did not produce $12 an hour or more of value would be done away with, less value would be produced, and everyone would end up poorer.

[NonValueAdded]

Question it’s basis in reality.

[arthurus]

Just who calls Unz a “Libertarian?” He sounds like a social engineering aficionado.

[babygene]

He may be right, I don’t know. I do know that there are taxpayer subsidies now given to companies that hire low-wage immigrants. You may get cheat produce, but you pay the difference in taxes.

[Kozak]

What kind of Libertarian touts a minimum wage as a positive?

[GeronL]

This is not conservative or libertarian. He is asking for a federal minimum wage of $12 an hour.

A lot of low-wage jobs would simply vanish for one thing.

A lot of lesser skilled workers would be replaced too.

[Jim Noble]

If they make it $500/hour, California will be a paradise!

[P-Marlowe]

The Federal Government has no authority to order a minimum wage for anyone other than federal workers.

[Irenic]

and boost GOP support among working-class voters

No it wouldn't. They would hate the GOP when they asked for a $25 minimum wage and the answer was no.

Why do the GOP want to make the democrats (working class???) happy and not the conservative working class?

Perhaps the GOP would be happier being DNC?

This won't make The Chamber of Crony Capitalism happy.

[depressed in 06]

Barack sh!t!

[Blood of Tyrants]

Why not make the minimum wage $50 an hour?

Another idiot who doesn’t realize that the higher the minimum wage, the less competitive US business is.

[MeanGreen2008]

Temporarily, it could work. There’s no doubt that the working class wage buys less today than it did 40 years ago.

The problem you would create is a driving up of inflation. Eventually the increase in minimum wage will be wiped out.

But there’s a benefit to that as well - wages will catch up and suddenly your fixed rate mortgage is taking less of your income.

The good news is that the market will correct itself over time anyways, so why not do it?

[MeshugeMikey]

he’s a theoretical physicist.....

with a bobby kennedy haircut

[big'ol_freeper]

Asinine

[E. Pluribus Unum]

Why not $1000/hour?

Then we could ALL be rich!

[DoughtyOne]

Face Palm Alert...

[Still Thinking]

If you define the value of a dollar as 1/12 hour of a minimum wage worker’s time, why wouldn’t other good adjust their dollar-denominated prices accordingly?

[hometoroost]

When did libertarian become a synonym for economically illiterate.

[Finny]

If he embraces the concept of miminum wage, he is a "libertarian" the same way a fortune cookie is "Chinese."

He is a statist in the libertarian party, I guess.