Mocking Minimum Wage Mendacity

By Donald Rieck, February 4, 2013

Our ever vigilant media-critic friend and EconoSTATS advisory board member, Dr. Don Boudreaux, posted this take down the other day on his Café Hayek blog: “minimum questions to answer”.

As always, Dr. Boudreaux’s rapier makes short work of nonsense in the media.

To paraphrase Camus: “There is nothing in life that cannot be overcome by scorn” (original phrasing: “there is no fate that cannot be surmounted by scorn”– The Myth of Sisyphus)

These people are immune to the charms of logic, so why not mockery? However, while I agree that the arbitrariness of this type of mandated increase lends itself to said mockery,

God save us if these “best and brightest” bureaucrats try to link their busybodyness to a non-arbitrary set of “logical” rules. That is, promulgating legislation that starts out with language:

“Every company with….(X amount of market share…. y ROI,…) shall….”.

Or how about this one: In companies with employees exceeding 50, the combined income of the 10 highest paid employees shall not exceed X…

Those thoughts rolled out far too easily… I’ve been around D.C. too long; it’s starting to rot my brain.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 35 other followers