March 19, 2013

Clueless ninny - Senator Elizabeth 'Fauxcahontas' Warren

From the National Review Online:
Elizabeth Warren Asks: Why isn�t the Minimum Wage $22 an Hour?
In a hearing of the Senate Committee on Health, Education, Labor and Pensions last week on �indexing the minimum wage,� Massachusetts senator Elizabeth Warren inquired of University of Massachusetts professor economics Arindrajit Dube, �If we started in 1960, and we said that, as productivity goes up � that is, as workers are producing more � then the minimum wage is going to go up the same. And, if that were the case, the minimum wage today would be about $22 an hour. So, my question, Mr. Dube, is what happened to the other $14.75?�
Because the prices on everything would skyrocket -- you braying ninny. Fauxcahontas? Here, here, here, here, here, here, and here. Posted by DaveH at March 19, 2013 1:31 PM