5min chapter

The Genius of Thomas Sowell cover image

Sowell's views on Minimum Wage Laws

The Genius of Thomas Sowell

CHAPTER

The Moral Crusade of Minimum Wage Mania

There is a moral crusade aspect to minimum wage mania, says Tom. The President Obama came out and said that at the time they picked 10 10. Why 10 10? Well it's catchy and easy to remember. So you fight for 15 right it really rolls off the tongue. I think if we encourage politicians to be honest about how these policies will get more honesty out of them. You always have to wonder why does Walmart support a higher minimum wage, well because it drives their competition out of business.

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