While Harold Meyerson, in yesterday’s Washington Post, so exposes his utter ignorance on a number of fronts—his suggestion that racism is somehow rooted in the opposition to raising the minimum wage (economists Walter Williams and Thomas Sowell suggest the opposite below) and his promoting protectionism to name two—he hits the nail on the head with the title of his article: “Wage Boost Could Pay Democrats Dividends”. While, I assure you, this was not his intent, in titling his article Meyerson gets to the heart of what inspires those policymakers who push for raising the minimum wage—political dividends.
