Joanne Knight

May 9, 2014

Deregulation, not high wages, at fault

I am currently involved in a campaign to increase the minimum wage in Mountain View. The campaign has been opposed by unexamined economic thinking and neo-conservative political ideology.

Right-wing politicians at all levels seem blinkered in their economic views with a willful ignorance of the full complexity of the economic arguments. This is reflected in the response I received from a Mountain View council member opposed to increasing the minimum wage.

“There is no reasoned economic justification for politicians to selectively manipulate free exchange in business and employment by imposing arbitrary minimum wage rates or other price controls.”

Such hands-off economic thinking spectacularly crashed the economy in 2008 and ordinary people have still not recovered.

Read more at http://www.mv-voice.com/print/story/2014/05/09/letters-to-the-editor

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