This activist wants a $25 minimum wage. Why stop there?

Joel Abbott - Not The Bee


Ah, the slippery slope of using government to strong-arm the market:

Jen Perelman is an attorney, activist, and former Democratic congressional candidate, so she obviously is an expert on how to run a company, build capital, edge out competitors, and attract talent with fair wages.

I'm sure she's done a lot of research into what might happen to the economy if the employees at the local go-kart place are making $25/hour without even needing a high school diploma!

Here were a few responses to this laughable suggestion:

Yesterday, it was fifteen dollars. Today, it is twenty-five dollars. Tomorrow, it will be a hundred trillion dollars.

Just like Zimbabwe!

Over a decade ago, the Zimbabwean government started printing as much money as possible to "fix" economic problems. It ended with the government literally printing TRILLION-dollar bills that would only buy you a cheap loaf of bread.

But sure, let's follow that model on our path to a #LivingWage!

I used to wonder how people can be so stupid, but I've been shown time and again its exponentially more common than I ever thought possible

:facepalm:

Economics, how does it work? :confused:

The replies are fun, however anyone fearful of this actually happening needs their head checked :rolleyes: