Elizabeth Warren: Why Isn't The Minimum Wage Today $22/Hour?

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http://hotair.com/archives/2013/03/18/elizabeth-warren-hey-why-isnt-the-minimum-wage-22hour/

Warren said:
“If we started in 1960, and we said that, as productivity goes up — that is, as workers are producing more — then the minimum wage is going to go up the same. And, if that were the case, the minimum wage today would be about $22 an hour. So, my question, Mr. Dube, is what happened to the other $14.75?”
 
Well, Mrs. Warren, because the cost of keeping people somewhat comfortable hasn't reached that point yet.
 
"Okay, one big mac and one large fry, your total will come to $35."

I think Ron needs to council this lady on the federal reserve and inflation. I guess though, when your proposing government as the answer giving them the blame they are due doesn't fit the message well.
 
"Okay, one big mac and one large fry, your total will come to $35."

I think Ron needs to council this lady on the federal reserve and inflation. I guess though, when your proposing government as the answer giving them the blame they are due doesn't fit the message well.

I think that Warren might become one of us, her hostility towards the banksters is a good sign.
 
How stupid can that woman be?

Very...very stupid.

Sorry for answering my own question.
 
I think that Warren might become one of us, her hostility towards the banksters is a good sign.
I think you're giving her WAAAAY too much credit. She has hostility towards anyone who isn't giving enough of their money to the government to redistribute. Her disdain for the bankers is not in the same vain as ours.
 
I think that Warren might become one of us, her hostility towards the banksters is a good sign.

She hated the bankers so much that she supported the banker bailout. I wish someone would hate me in this same manner :)
 
I think that Warren might become one of us, her hostility towards the banksters is a good sign.

Yeah, I'm definitely not trying to knock her. She seems principled which I think may be the most important characteristic a politician can have. She's just principled to a philosophy most of us oppose. If she could be "converted" to our side she'd be a huge asset. Even if she doesn't come to our side though, I'd rather have her as a member of congress than someone who does the bidding for the highest bidder.
 
Yeah, I'm definitely not trying to knock her. She seems principled which I think may be the most important characteristic a politician can have. She's just principled to a philosophy most of us oppose. If she could be "converted" to our side she'd be a huge asset. Even if she doesn't come to our side though, I'd rather have her as a member of congress than someone who does the bidding for the highest bidder.

Principled people do not pretend to be native American to get cushy jobs.
 
Someone please buy that woman a copy of Hazlitt's Economics in one Lesson?

Just send her one of these:

100Trillion_Zim.jpg
 
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