Here is our favorite economist, Thomas Sowell, with his umpteenth column debunking the minimum wage. Protesters are pictured, with the slogan “we are worth more.”
Yes, you personally are probably worth more than $7.25 an hour. More and more workers in these wretched jobs are adults, often educated, and maybe trying to support a family. No one can support a family on $7.25 an hour.
On the other hand, the job isn’t worth $15 an hour. The job isn’t even worth $5 an hour. A monkey could do this job. You know that. You may be worth $15 an hour, but the job isn’t. These are two different things. The problem is that you are in the wrong job.
So, which policy would you like the government to pursue? Would you like a shot at a real job that’s really worth $15 an hour? Or, would you like them to pump up your shit job so you can stay there for life?
Fast food was never intended to be a real job. It’s a starter job for kids. McDonald’s would go broke if they had to pay a living wage – or charge $10 for a Big Mac. After high school, you are supposed to move on and get a real job.
If you are an educated adult working for $7.25 an hour, you have a right to be angry. You should be furious, in fact – not because McDonald’s is exploiting you, but because your wonderful government has annihilated the good jobs.
See also: Want Fries With That?