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a Fox News guest called the minimum wage
the black teenage unemployment act minute Media Matters wrote this up
this is former reagan economic adviser and also a regular Fox News guest art
laffer
some people consider art laffer I don't know about the father
love the trickle-down economics fiasco
but certainly a key player he was if not the father
maybe I don't know the OBGYN who delivered
trickle-down economics I don't know certainly a guy who was involved here's
what he had to say about
the minimum wage on Fox News kogi when I think they both agree on
is is may be looking at minimum wage and re:
you you have an idea for minimum wage at you think could encourage
hiring ended in bomb okay government so what what is that plan
yet with the minimum wage makes no sense whatsoever to be
I mean honestly it's just the teenage black teenage unemployment act
Andy if this is the very group that we need to have jobs not have
be put out of work because a minimum wage so I'm really very much in favor of
at least for teenagers getting rid of the minimum wage
so we can bring them back into the labor force get them the skills they need
to continue being productive members of our society for years and years
I mean that's the way I can say that much weight without right so
first the ball this is the trickle-down stuff Louis that hasn't worked for
decades
okay that that's number one second its kinda implied
that he wants to prevent black teenagers from getting involved in crime right
that's an undertone to
a lot of these right-wing ideas have getting getting
teenagers jobs but is a two dollar an hour job
going to really provide number one the income
but number two this stimulation to prevent people
if you believe the night were right-wing narrative
from getting involved in trouble two dollars an hour just get rid of the
minimum wage Louis battle prevent crime
right first the ball any
economic adviser to raise reagan in my mind is just automatically
the legitimization now the dated I'm by there's this idea here also
that well if you've got a two dollar minimum wage for dollar minimum wage
all of a sudden businesses are gonna open everywhere and people are just
gonna start hiring people left and right because it's so cheap
and all of a sudden you have this huge economic boom that's just not going
yet the judge the kind of juvenile example as hold on a second
if you need for workers but you can only afford three because if the minimum wage
if you get rid of the minimum wage you gonna be able to hire that fourth worker
at way less
than the minimum wage but we already have examples of companies that make
huge profits
and they continue to actually not hire people to continue trying to pay the
least with the fewest number of employees
there's absolutely no evidence that they agreed that we see exist
with all the sudden go away because you eliminate the minimum wage in it would
just be bountiful it would be
waterfalls and sunshine in ginger snaps Louis
because we get rid the minimum wage you have to wonder if this guy actually
believes his ideas for work or if it's just some guy who's lying trying to make
the one percent a little richer