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HomeRaising the Minimum Wage: Not the Answer
Posted by Larry Doyle on February 19th, 2014 9:57 AM |
Raising the minimum wage is another hot button issue that will serve to incite strong reactions on both ends of the political spectrum, but fails to address core structural issues in our nation.
Who is not supportive of helping people rise out of poverty and try to earn a reasonable wage?
While some political pundits might like to rewrite basic economic principles, ultimately a raising of the minimum wage serves to re-slice our nation’s economic pie rather than grow it. Some individuals will benefit by earning more, but others in the same economic strata will suffer by losing their jobs altogether. (more…)
Healthcare “Right” Comes with Responsibility
Posted by Larry Doyle on March 24th, 2010 9:22 AM |
Do you hear that large sucking sound? Those are the engines of wealth redistribution humming in Washington.
Let’s stop the bulls&%#! President Obama’s healthcare reform, much like many of his other initiatives, is all about wealth redistribution. Whether that’s a good thing or a bad thing is a topic for another post, but that is how I see it. I said as much in January (“Healthcare Reform to Make You Ill”), and I will repeat today:
Ultimately, the reform as drafted is a massive redistribution program.
The New York Times addresses this redistribution this morning in writing, In Health Care Bill, Obama Attacks Inequality: >>> (more…)
