Thursday, February 14, 2013

Quote of the Day: Why Is Obama Such A Cheapskate?

Pres. Obama's proposal to raise the minimum wage to $9.00 per hour, reflects his contempt for lower-income people.  If a $9.00 minimum wage would help poorer people - and without any negative effects, as defenders of this form of price-fixing often pretend - why would he not have the state confer untold wealth on us all by raising the minimum wage to $9.00 per minute, or even higher?  Why is he such a piker? After all, wealth is just money, is it not?  And if providing every American with $100 billion in cash would make us all rich, why is he holding back?  If the government of Zimbabwe had the foresight - and generous intentions - to do this, why not America?
This is from Law Professor Butler Shaffer at the Lew Rockwell Blog

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