Commonsense Capitalism: Video: PBS NewsHour: U.S Representative Charles Rangel Debate Dr. Walter Williams on The Minimum Wage

.
This post was originally posted at The New Democrat on Blogger

Sounds to me that whatever spin that Common Sense Capitalism wants to give it, that Representative Rangel was arguing not only in favor of the minimum wage, but empowering those workers to be able to get additional skills so they wouldn’t have to work for the minimum wage. And be able to get better jobs and be able to support themselves. With Dr. Williams arguing and using traditional spin of the Right that the minimum wage kills jobs and costs others jobs even when some others are getting jobs.Representative Rangel was arguing for economic empowerment for low-income low-skilled workers. So they wouldn’t have to work for the minimum wage long-term. While Dr. Williams was making the so-called free market argument when it comes to employee compensation. “Let the free market decide”. When in fact the so-called free market wouldn’t decide that. Employers who just happen to be part of the market, would decide what wages should be for everyone including themselves.
NYC Rally To Raise The Minimum Wage

Advertisements

About Ederik Schneider

Blogger on a whole host of subjects.
This entry was posted in Opinion and tagged , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s