Fox Regular Art Laffer: The Minimum Wage Is Just The “Black Teenage Unemployment Act”


Source: MediaMatters.org

Frequent Fox guest and former Reagan economic advisor Art Laffer argued for the abolishment of the minimum wage for some workers, describing the law as the “black teenage unemployment act.” He added that the federal requirement “makes no sense whatsoever.”

Laffer, the so-called father of trickle-down economics, appeared on the January 8 edition of Fox News’ Happening Now to discuss the possible extension of recently-expired unemployment benefits for the long-term unemployed. When host Jenna Lee asked Laffer and American Enterprise Institute’s Michael Strain about other ways to improve the economy, Laffer recommended doing away with the minimum wage for some workers, saying that “honestly” the requirement is the “black teenage unemployment act.” Strain agreed, and suggested lowering the minimum wage “for the long-term unemployed” to $4 an hour.

To read this article in its entirety visit MediaMatters.org.

  • potomacoracle

    goo.gl/Jvtmif 8 million Americans work every day for minimum wages yet still live below the poverty line. Wouldn’t expect these 1% pimps to understand or admit to the existence of minimum wage poverty in America.

  • potomacoracle

    goo.gl/Jvtmif 8 million Americans work every day for minimum wages yet still live below the poverty line. Wouldn’t expect these 1% pimps to understand or admit to the existence of minimum wage poverty in America.

  • Alphonso Dunbar

    HE SHOULD BE TAKEN OUT AND BEATEN TO
    WITHIN AN INCH OF HIS LIFE! NOT ONLY IS HE A RACIST BUT HE IS ALSO IGNORANT! IF HE COULD HE WOULD BE ONE WHO WOULD REINTRODUCE SLAVERY IN AMERICA! OH WAIT, THAT’S EXACTLY WHAT HIS $4 AN HOUR POLICY WOULD EFFECTIVELY BRING ABOUT!

  • Mellow

    what an idiot!!

  • Mellow

    I used to try to watch Fox news but they are so ridiculous that it is intolerable anymore!!