On Bill Maher this weekend, Jamie Weinstein of the Daily Caller made the outright claim that raising the minimum wage would increase unemployment.
As you can see, the others recognize this as outright absurdity, but Weinstein maintains his assertion—despite the fact that it has been thoroughly disproven as a concept. Higher minimum wages pump money right back into an economy; the money does not disappear, it goes out and comes right back in.
Unlike giving more money to rich people—which conservatives claim is a job-creating act. Precisely the opposite also of what is true.
Tax cuts for the rich are the least stimulative thing you can do.
In contrast, food stamps—another thing conservatives hate (because feeding poor people is so Communist)—is one of the most economically stimulative things you can do.
It’s as if conservatives set out to find all the things that help the economy most and destroy them, and then find the things that are worst for the economy and embrace them.
Of course, it was deliberate, but not for those reasons. Instead, it is simply, purely self-interest at work. Greed. Screw the nation, screw the people. I’m getting mine, and you can go to hell.
Or, in other words, American Exceptionalism!