Wednesday, March 12, 2014

Further Proof Most Americans Don't Understand Basic Economics


Sixty-nine percent of Americans, including 45 percent of Republicans, support the president’s call to raise the federal minimum wage to $10.10 over the next three years. Only, twenty-eight percent oppose such action, according to a poll conducted by Bloomberg National Poll.



http://www.bloomberg.com/news/2014-03-12/americans-split-on-obama-as-69-back-minimum-wage-hike.html

With such ignorance of the basics of supply and demand and why minimum wage laws never help (SEE: "2+2 = 4"), there is little use in overthrowing the current political leadership. It will only be replaced by different crony, interventionist leadership,

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