Exposing the madness wehind current economic thought

Friday, July 26, 2013

Obama gets it wrong again.

Obama in his speech on the economy at Knox College in Galesburg, Ill.:

"It became harder for unions to fight for the middle class."

Robert Wenzel sets him straight:

Unions don't fight for the middle class. They fight for things like minimum wage laws, which make it difficult for youth to get entry level positions from which they can grow into the middle class.