The Democrats’ Fake Problems

Democrats, flopping on the economy and health care, try to create new issues.

The Democrats have made their midterm agenda clear: passing a minimum-wage hike, fighting the menace of the Koch brothers, and expressing loud concern about climate change without actually bringing a cap-and-trade bill to the Senate floor.

Minimum-Wage Hike: The arguments about the merits and consequences of raising the minimum wage have been hashed out elsewhere. For now, let’s focus upon how many workers would be affected by this: The Congressional Budget Office estimated that raising the minimum wage to $10.10 per hour would eliminate 500,000 jobs (with the range extending from very few to 1 million), and about 16 million low-wage workers would see higher earnings. The increased earnings would amount to $31 billion.

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