Reading How Obama’s plan to raise the minimum wage will hurt young black men reminded me of how counterproductive so many Liberal policies are for blacks.
The abortion rate is three times higher for blacks than whites, and Liberal dreams of taxpayer-funded abortions will deliberately take that higher. Yet they are the ones claiming to have the long term best interests of blacks at heart? Planned Parenthood kills more blacks in a week than the evil KKK did since their inception (and ironically enough, the KKK is pro-life).
They support teacher’s unions without fail and oppose charter schools, yet they are the ones claiming to have the long term best interests of blacks at heart?
They assume that poor blacks will always be poor and set up the welfare to perpetuate that, yet they are the ones claiming to have the long term best interests of blacks at heart?
Now here’s part of the post about how minimum wage increases hurt young black men. I encourage you to read it all.
Moderate economist Gregory Mankiw of Harvard University lists the policies that are accepted by virtually all economists.
Here’s Greg’s list, together with the percentage of economists who agree:
- A ceiling on rents reduces the quantity and quality of housing available. (93%)
- Tariffs and import quotas usually reduce general economic welfare. (93%)
- Flexible and floating exchange rates offer an effective international monetary arrangement. (90%)
- Fiscal policy (e.g., tax cut and/or government expenditure increase) has a significant stimulative impact on a less than fully employed economy. (90%)
- The United States should not restrict employers from outsourcing work to foreign countries. (90%)
- The United States should eliminate agricultural subsidies. (85%)
- Local and state governments should eliminate subsidies to professional sports franchises. (85%)
- If the federal budget is to be balanced, it should be done over the business cycle rather than yearly. (85%)
- The gap between Social Security funds and expenditures will become unsustainably large within the next fifty years if current policies remain unchanged. (85%)
- Cash payments increase the welfare of recipients to a greater degree than do transfers-in-kind of equal cash value. (84%)
- A large federal budget deficit has an adverse effect on the economy. (83%)
- A minimum wage increases unemployment among young and unskilled workers. (79%)
- The government should restructure the welfare system along the lines of a “negative income tax.” (79%)
- Effluent taxes and marketable pollution permits represent a better approach to pollution control than imposition of pollution ceilings. (78%)