re: #130 martinsmithy

In 2005 Michelle Bachmann pointed out that minimum wage laws destroyed laws and therefore should be abolished. I don’t think they should be abolished entirely, but she is entirely right, economically speaking.

That’s one thing she got right. Admittedly the scale is very heavily tilted to the “wrong” side.

Yeah, I saw a quote from her that if the minimum wage was abolished, we’d wipe out unemployment.

It’s a great idea, except for that ‘trying to pay your rent or feed your family while earning $2.25 an hour’ part.