Is It Time to Start Dismissing ‘Economics Deniers’? Minimum wage laws have negative effects whether or not their advocates acknowledge them.

You can make your case for an artificially high minimum wage all you want here. We have and will continue to tolerate such “arguments.”

We understand why you want a minimum wage that is above the real wage for unskilled labor to work. We get it. The world is hard. More money to the poor would be more “just.” And so on and so on.

The thing is government can’t just declare something to be.

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Want to make BANK? Be a CEO of a taxpayer funded non-profit, $870,000/year for Urban League head

This is a shocker. People in the poverty business making huge piles of money? Who would have thought? I mean it’s not like the people at ACORN were crooks. Or Al Sharpton. Or Jesse Jackson. Or the people who run much of places like Chicago, Detroit, New York, and LA. No no, these people are for helping the poor. Selfless servants seeking justice. No way they are lining their own pockets and scamming the tax base.

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The world has made great progress in eradicating extreme poverty (Thank you free enterprise)

It’s no coincidence that poverty has dropped as markets have been more allowed to breathe – at least historically and globally speaking. Yet the siren song of statism still calls to people who don’t know better.

If one is for lifting people from poverty one must also be for free enterprise. It is a system that empowers people to make more of their lives and which provides a path to life beyond a peasant existence.

Crony capitalism by the way short circuits free enterprise and is really almost a form of feudalism which severely limits the way out of poverty as the state is controlled for the benefit of the “rulers.”

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Dollar General’s Startling Admission: Half Of U.S. Consumers Are Feeling More “Dire” Than Ever

SNAP is a strange animal. On the one hand it does help some people who are in very troubled circumstances. On another hand the program is also widely abused and everyone knows it. And on still another hand SNAP is big time crony capitalism with taxpayer money barely stopping in recipients accounts before being funneled to companies like Coca-Cola and General Mills.

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