Minimum Wage Followup

I'd like to thank Julio and Karl for putting in the time and effort to make this debate happen. We have received some good questions and I have tried to come up with a few that might represent popular sentiment around the issue.

The Minimum Wage is not Enough

Karl, you ignorant, coldhearted, Canadian schlub.

Many like you have argued the negative economic consequences of the minimum wage. I suggest those are a pittance and irrelevant. The issue is one of protecting the exploitation of workers by their greedy corporate masters and building on the foundation of our economic system – the middle class. This may sound a little strange coming from someone who describes himself as a free market capitalist, but I am one of those lucky people who have gone from relatively rich to poor and back. How did that happen? Fidel Castro.

Minimum Wage: Much ado about nothing?

It's funny how your thinking changes as you get older. In my younger days, things like rent control and minimum wage were, to me, unquestionably good things. When the minimum wage went up, I got a raise. Rent control meant my top hat wearing capitalist landlord couldn't just jack up my rent at the end of the year so he could afford a better brand of mustache wax.

Wednesday, Wednesday, Wednesday!!!

FOR ONE DAY ONLY (not really)

THE LONG RUN BLOG

WILL BE FEATURING A DEBATE

AND

YOU'RE INVITED.

Sometime Wednesday night, we will be posting opposing opinions on the MINIMUM WAGE issue.  In one corner, we have the spirited and astute Julio from Silicon Valley. In the other corner we have the clever and sharp Karl from Canada. Julio will presenting in favor of the minimum wage and Karl will be against it. I used a state-of-the-art random number generator ($0.25 coin) to assign each a position. Understand that they will do their best to defend their position whether or not they believe it - like O.J. Simpson's lawyers. We'll post both positions, pause for comments and let the rebuttals begin (if necessary). I will moderate. Let the insults debate begin!