February 5, 2015
Minimum wage and paid family leave are not only moral imperatives, says Obama, but good economics to boot. Employees, he tells us, are happier and therefore more productive. Minimum wage and paid medical leave, understand, actually benefit business. It’s just that dumb businessmen and women don’t realize it.
But what does it say that perhaps the two most high-profile leftwing economists once opposed the minimum wage and paid family and medical leave?
When Obamacare architect/economist Jonathan Gruber and The New York Times economist Paul Krugman actually practiced economics, they both opposed the minimum wage. In Gruber’s case, he also opposed government mandated for paid family and medical leave.
Excerpted from a post on
Right Wing News. Full article:
http://rightwingnews.com/column-2/leftwing-economists-gruber-krugman-practiced-economics/
