Tuesday, February 4, 2014

The Bishops Need to be Responsible When Talking About Economics: They Are Not When Talking About Minimum Wage


The Bishops and American Business: Rethinking the Minimum Wage

January 26, 2014 By Kathy Schiffer  Patheos.com

Simply raising the minimum wage does not begin to unwreck the economy that has been severely damaged by Obamacare and its effect on the workforce participation.  It can only add to inflation and higher unemployment in the the 16 –20 year old workforce sector. Schiffer does a good job laying this out. One can only hope that the Bishops educated in the Keynesian curricula will wake up.

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