Friday, May 2, 2008

Economics and Politicians

How do we end up with so many people in office, thinking they can adjust the economy, without understanding basic economics?

If you raise the cost of labor, fewer people get hired, and the overall lot of low-wage earners goes down.

But, it feels good to pass laws raising the minimum wage.

Quit spending my money, or forcing me to spend my money, on your feelings.

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