Thursday, January 1, 2015

Fox News Pundit Claims The Minimum Wage Increase Will Ruin Us

Fox News Pundit Claims The Minimum Wage Increase Will Ruin Us

"Fortunately for us, we have factual data we can reference that shows that Morici is just plain wrong. During the supply side years of Reagan and Bush 1 and 2, we can clearly see that economic growth is not greater than the growth during the Clinton years. Morici, who advocates for tax cuts to wealthy Americans, forgets to mention that this supply side nightmare also causes the deficit to double, triple or worse.

Not satisfied enough with parroting false economic theory, Morici had to dip into the "Obama won't let us drill for oil" lie, because that's as false as his economic genius."