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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (885844)9/7/2015 3:34:21 PM
From: i-node  Read Replies (1) of 1577122
 
>> How is it racist and anti labor?

Really? You have to ask?

"After minimum wage rates were raised sharply, the unemployment rate shot up for both white and black teenagers. Even more significantly, an unemployment gap opened between the rates for white and black teenagers…. We regard the minimum wage rate as one of the most, if not the most, antiblack laws on the statute books. The government first provides schools in which many young people, disproportionately black, are educated so poorly that they do not have the skills that would enable them to get good wages. It then penalizes them a second time by preventing them from offering to work for low wages as a means of inducing employers to give them on-the-job training. All in the name of helping the poor. (pp. 227-228)"

Milton Friedman, et ux., "Free to Choose".

Racist and anti-labor. In one factual paragraph you'll never understand.
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