Sen. Boxer Backs $10 Minimum Wage

What could possibly go wrong?

Sen. Barbara Boxer thinks minimum wage should be raised to be about $10 an hour to help close the ever-growing gap between the working poor and the rich and to promote a healthy nation.

"We need to raise the minimum wage. That will make a huge difference. … People are struggling," the California Democrat told Ed Schultz on "The Ed Show" on Monday. "The difference between the very wealthy and the working poor has grown. We raise that minimum wage and we move forward with the vision of this president that we have, which is everyone pays their fair share" of taxes.

Comments

[Knarf Yenrab (prev. An0nB0t)]

"We need to raise the minimum wage. That will make a huge difference. ? People are struggling. The difference between the very wealthy and the working poor has grown. We raise that minimum wage and we move forward with the vision of this president that we have, which is everyone pays their fair share" of taxes.

For all the hoopla over human action and that stupid SF study that Austrians afflict the Keynesians with (with aid from the inductive Chicago school), it's worth remembering that 95% of the population and virtually all politicians believe that minimum wage is a simple income redistribution from the wealthy to the poor. Or, if they don't, they're cynical enough to recognize that it will be viewed that way by their constituents, so the economic damage they inflict on the simple minded will be offset by a longer political lifespan for them.

Add this one to the "yes, socdems really think this way" file.

[Mock-star]

If they really wanted to lower the gap between the haves and the have-nots, why not make minimum wage $1000 an hour? Equality!