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Of course he is not a PhD but this kid has...

by Edward ODaniel / August 4, 2006 1:09 AM PDT

a pretty firm grasp of the realities of economics. Perchance his lack of the degree may account for that (from MANY prior personal observations of PhDs and their atrophied reality grasping "capabilities").

http://www.washingtonpost.com/wp-dyn/content/article/2006/08/03/AR2006080301493.html

Pay and Personal Choice
Friday, August 4, 2006; Page A16

As a teenager who received the minimum wage at a summer job at a movie theater last year, I'm disappointed to see Congress moving toward raising the minimum wage [front page, July 29]. When the New York state minimum wage rose to $6 an hour, the theater where I worked was very reluctant to hire the usual extra summer staff because of the high cost. With a federal minimum wage as high as $7.25, as the proposed legislation would require by 2009, I probably would have lost my summer job.
...

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That doesn't matter...
by EdH / August 4, 2006 1:12 AM PDT

What matters is "feeling good" about yourself. Raising the minimum wage makes liberals feel good. Who cares is some geek loses his job?

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But of course, ...
by Edward ODaniel / August 4, 2006 1:23 AM PDT
In reply to: That doesn't matter...

it is based on the old Liberal "compassion" defined by doing good and helping someone by reaching into someone else's pocket to provide the help and to pay the bill.

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