Author Topic: Charles Krauthammer proposes two-tiered minimum wage  (Read 409 times)

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Offline Rapunzel

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Charles Krauthammer proposes two-tiered minimum wage
« on: December 31, 2013, 09:11:44 PM »
http://dailycaller.com/2013/12/30/charles-krauthammer-proposes-two-tiered-minimum-wage/

Charles Krauthammer proposes two-tiered minimum wage

Posted By Jamie Weinstein On 10:21 PM 12/30/2013

Charles Krauthammer came out with a third-way position on raising the minimum wage Monday night, prompting a fellow conservative panelist to challenge his logic.

During Fox News’ “Special Report,” conservative Weekly Standard reporter Stephen Hayes said that if the government raises the minimum wage, ”it’s clear that jobs will be lost.” Krauthammer agreed, but then went on to propose a two-tired minimum wage, which spurred a challenge from Hayes:

Krauthammer: Look, it’s an axiom of economics: If you raise the price of anything, you are going to lower demand. So there are going to be jobs lost. I do think that raising the minimum wage gradually and then indexing is the way to do it. If you index it, it stops being political issue. It retains the value it has.
Guest host John Roberts: So is $9 the starting point?

Krauthammer: I think what we really ought — what conservatives ought to do — is say if you can’t feed a family on this, and as a result of our lousy recovery a lot of people are depending on this wage, then I think for people who are the bread winners in a family, it ought to be raised. But I think what you want for entry-level jobs — it’s really going to hurt teenagers, it’s really going to hurt minorities, because they are going to lose the jobs which would help them to get started. I would have a two-tiered system. And I think that probably would be a way, a reasonable answer that Republicans and conservatives could offer. It’s not heartless but it keeps in mind how this would hurt …

Hayes: Why would you want that if it’s going to cost the very people it intends to help — it’s going to cost those jobs.

Krauthammer: Because I do think if somebody is the only wage earner in the family, I think it would be humane to raise it to a level where they can cover their expenses.
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline Chieftain

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Re: Charles Krauthammer proposes two-tiered minimum wage
« Reply #1 on: December 31, 2013, 09:51:05 PM »
So if you are a dropout and a single parent of an illegitimate child, society owes you a high enough minimum wage for you to live in comfort.

Same old, same old.  No consequences for one's actions no matter what.  Ran up a student loan bill studying "Protest Science"??  No sweat.  Bogue on the loan and demand amnesty for the balance.  It just never ends...


Offline Rapunzel

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Re: Charles Krauthammer proposes two-tiered minimum wage
« Reply #2 on: January 01, 2014, 01:47:06 PM »
So if you are a dropout and a single parent of an illegitimate child, society owes you a high enough minimum wage for you to live in comfort.

Same old, same old.  No consequences for one's actions no matter what.  Ran up a student loan bill studying "Protest Science"??  No sweat.  Bogue on the loan and demand amnesty for the balance.  It just never ends...


Krauthammer is a neo conservative so this doesn't surprise me.  They are Keynesians in economics.
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline jmyrlefuller

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Re: Charles Krauthammer proposes two-tiered minimum wage
« Reply #3 on: January 01, 2014, 02:09:22 PM »
Krauthammer should watch his words. He seems to imply here that minorities should be paid less than non-minorities, and the last thing we need is for more race-baiters to seize on that stuff.
"Just because people in positions of authority are stupid, it doesn’t mean you have to go along with it." —Arlo Guthrie

"In the excitement of great popular elections, deciding the policy of the country, and its vast patronage, frauds will be committed, if a chance is given for them." —Richard Henry Dana, Jr.

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Offline flowers

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Re: Charles Krauthammer proposes two-tiered minimum wage
« Reply #4 on: January 01, 2014, 08:07:24 PM »
I quit listening to him years ago.



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