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Biden and Krugman Are Misleading the Public about Minimal Wage

Biden and Krugman Are Misleading the Public about Minimal Wage

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President Joe Biden speaks about administration plans to toughen American manufacturing on the White House, January 25, 2021. (Kevin Lamarque/Reuters) They are attempting to end down debate, and they also've lots of again. During his Dapper Bowl interview on CBS Night Recordsdata, President Joe Biden declared that “your whole economics” of a $15 minimal-wage hike were supreme. What he supposed to convey used to be, your whole politics of a $15 minimal wage are supreme. The economics are highly arguable. A minimal-wage hike quenches the populist appetite of many voters. In any case, it seemingly costs them nothing to compel greedy mountainous industry CEOs to pay the proletariat fairer wages. The command is that a minimal wage is a ...