Klein: There Are Other Ways Besides Minimum Wage, But GOP Blocked Them

Ezra Klein notes that there are other ways to raise the standard of living for low-income workers, but they’ve been rejected by Republicans.

…there have been a bunch of other policies on the table in the last couple of years that would have been the transfer from high income and rich workers, from CEOs, down to low-income workers that we’ve talked about: the American Jobs Act; somebody could stand up and say, let’s jump up the earned income tax credit, and pay for it with a tax increase. And that’s been killed by folks, primarily by Republicans in Congress.”

“So at some point you do need to pick and do something for folks struggling in the economy,” Klein continued. “The minimum wage people facet on because it doesn’t have a cost to the deficit, but it does have this other tradeoff effect, which is, on the margin, some kind of disemployment.

By: Alan

Alan Colmes is the publisher of Liberaland.