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Why $15 Minimum Wage is a BAD Idea

300 H and H

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6:16 min.


Thomas Sowell
Thomas Sowell
461K subscribers

Thomas Sowell explains why a $15 minimum wage law will be disastrous, especially for young people and blacks (feat. Milton Friedman and Walter Williams.)
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Logical reasoning here. Feel good types will not like to hear what he says will happen....
 

NorthernRedneck

Well-known member
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We've had an increased minimum wage up here for a year now I believe. Since then the cost of pretty much everything has gone up to compensate meanwhile wages for the rest of the working world has remained the same.
 

Melensdad

Jerk in a Hawaiian Shirt & SNOWCAT Moderator
Staff member
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$15 an hour in Washington DC is the equivalent to roughly $30 in New Mexico and $25 in other states. Federal government should not mandate minimum wages. States can do so if they wish.
 

mla2ofus

Well-known member
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The main reason politicians push for it is more tax revenue for them to piss away!!
 
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