Saturday, August 31, 2013

Charles Payne - The Destructive Farce of $15.00 Minimum Wage & Melancholia

Charles Payne, a Fox Business Network contributor and co-host of "Varney & Co. discuses the recent debate surrounding calls for an increase in the minimum wage.

Protesters are framing the issue that corporations are part of a public domain and naturally they should share in their good fortunes.

Leveraging a mentality that things are "owed" rather than "earned" in America, unions and their agents along with those that still think Thomas More's Utopia is an ideal society are pushing for a minimum wage hike to $15.00 an hour - more than double the current rate.

Forces with ulterior motives continue to lead the lambs to slaughter.

Read more: http://finance.townhall.com/columnists/charlespayne/2013/08/31/the-destructive-farce-of-1500-minimum-wage--melancholia-n1688179