Wednesday, November 08, 2006

"Minimum Wage" Scam Can't Stand

It was nice to see Lexington turn back the water company condemnation last night. A "Yes" vote would have just prolonged agony and the expensive court battle.

Candidates found it difficult to refute the faulty reasoning that raising the minimum wage would somehow reduce poverty in Kentucky and all over America. Now, we need to take that issue head-on.

There is nothing about the notion of price-fixing that suggests that it might produce positive results. Fixing certain wages above the market rate is not some magically different issue.

For Heaven's sake, if you want to give something more to the poor than a mere talking point, raise the Earned Income Tax Credit.