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St. Louis Just Hiked Minimum Wage By 43%; Guess What Happens Next

St. Louis Just Hiked Minimum Wage By 43%; Guess What Happens Next

Seemingly no amount of empirical evidence will ever convince progressives that raising minimum wages to artificially elevated levels is a bad idea.  Somehow the basic idea that raising the cost of a good ultimately results in lower consumption of that good just doesn't compute. 

And while roughly 50% of the country will promptly ignore it, below is yet another study, from Dr. David Macpherson of Trinity University and Dr. William Even or Miami University, pointing out the devastating consequences of minimum wage hikes.

White Middle Class Dying from “Deaths of Despair”

White Middle Class Dying from “Deaths of Despair”

This is what the US global corporations have done to American middle class whites by moving middle class jobs offshore. Essentially, the US global corporations are murderers.

http://dollarcollapse.com/welcome-to-the-third-world/welcome-third-world-deaths-despair/

The post White Middle Class Dying from “Deaths of Despair” appeared first on PaulCraigRoberts.org.

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