Tuesday, July 28, 2009

Michigan Democratic Party Shows It Has No Clue

What would you do if you were the party in control of a large state with the highest unemployment rate in the nation and a dying industry at the center of your economy. If you are the Michigan Democratic party, you raise your minimum wage to a job-stifling high of $10!!!


While there are arguments for the minimum wage, such as that it prevents worker exploitation, there is no way around the fact that it benefits only low-income workers who keep their job, while forcing employers to let some other employers go/raise prices to pay for those raises. Money doesn't come from thin air.


It is rare that we see such an obvious case of a group ignoring facts to stick to basic ideology, and (in their mind) win working class votes.


Read more on the MDP's populist turn: http://blogs.tnr.com/tnr/blogs/the_plank/archive/2009/07/27/would-a-10-minimum-wage-save-michigan-democrats.aspx

1 comment:

  1. Well, it's not as if the party was going to stay in power in Michigan anyway.

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