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Elizabeth Warren wants to know why the minimum wage isn’t $22 an hour

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By Doug Powers  •  March 18, 2013 01:30 PM

**Written by Doug Powers

Because everyone should be able to afford to buy a condo at least as nice as the one Dances With Identity Theft lives in.

From NRO:

In a hearing of the Senate Committee on Health, Education, Labor and Pensions last week on “indexing the minimum wage,” Massachusetts senator Elizabeth Warren inquired of University of Massachusetts professor economics Arindrajit Dube, “If we started in 1960, and we said that, as productivity goes up — that is, as workers are producing more — then the minimum wage is going to go up the same. And, if that were the case, the minimum wage today would be about $22 an hour. So, my question, Mr. Dube, is what happened to the other $14.75?”

What happened to the other $14.75? Maybe it all got spent on tuition for one of Warren’s classes.

Why stop at $22? Why not $100, $200 or $1,000 an hour? Why does Elizabeth Warren hate the working class?

If productivity/performance is the measure for wages, Congress wouldn’t even get a paycheck. At the very least their salaries need to be garnished until the nearly $17 trillion is paid off.

Video via Weasel Zippers:

**Written by Doug Powers

Twitter @ThePowersThatBe

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