re: #56 Backwoods_Sleuth

As I’ve written before, I’m not a big supporter of this idea that making a minimum wage a value = $X as the central theme in addressing the economics of America in 2015.

Reich likes the publicity but I think the cause is based more on emotion. It’s a wrapped-up-meme inside of a meme.

Wage and price controls don’t have that shiny of a reputation.

I’d rather the focus be put on taxation, on the rise of more and more regressive taxes (e.g. sales taxes) and the under-requirement of taxation on wealth and the artifices of “capital gains”.