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Once upon a time Left-wing economists, and other lefties, thought a federal minimum wage would destroy jobs. And it certainly does! In this episode, Larry cites evidence from some of the great, and not-so-great, thought leaders in American society debunking the idea a federal minimum wage works across the country and would price poor working people out of a job.
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Mentioned Videos:
Amagilly (YouTube): Milton Friedman on Minimum Wage: https://youtu.be/ca8Z__o52sk
***Reason.tv and FORA.tv (THE LARRY ELDER SHOW EPOCH TIMES): The Wisdom of Thomas Sowell, Walter Williams, Milton Friedman and Shelby Steele | Larry Elder: https://youtu.be/8AmcnRh-h-w
***Thomas Sowell: Why $15 Minimum Wage is a BAD Idea: https://youtu.be/wwHwaJNwRj4
***The Heritage Foundation: Walter Williams DESTROYS Myth that Minimum Wage Prevents Poverty: https://youtu.be/Y97UqMZvvIE
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