It’s political season again, and what a show it is. Politicians specialize in this. They affect a know-it-all posture and carry a bag of solutions to every problem, natural, human, and divine. They work to perfect the ability to fob off their solutions as sound reasoning even when they are snake oil or sheer poison. Still, one can only marvel at how successful they are at bamboozling the population.
Every once in a while, however, their cover is exposed and the truth comes out. The truth is that most of them are economic ignoramuses, proposing bad law that not only fails to achieve its aims, but actually ends up spreading human suffering.
A case in point is the minimum wage. FULL ARTICLE