The bigotry and racism were running thick today on Fox when former Reagan economist Art Laffer levelled this jaw dropping bomb live on air to host Jenna Lee when talking about the minimum wage in America.
[box type=”shadow”]“The minimum wage makes no sense whatsoever to me, honestly it’s just the teenage — Black Teenage Unemployment Act. And this is the very group that we need to have jobs, not be put out of work because of a minimum wage. So, I’m very much in favor of, at least for teenagers, getting rid of the minimum wage so we can bring them back into the labor force, get them the skills they need, to continue being productive members of society for years and years.”[/box]
The drooling and tent pitching over dropping the minimum wage for America’s teenagers didn’t stop there either, as American Enterprise Institute Resident Scholar Michael Strain suggested that not only should the minimum wage not be raised, it should be lowered to $4 an hour for teenagers because businesses shouldn’t be asked to take the “$7.25 an hour risk on that worker.”
You heard that right folks, while Art Laffer believes that abolishing the minimum wage for black teenagers in order to help them find jobs, Michael Strain believes that it should at least be lowered because no should ever be asked to hire one of those snotty brats and take a financial risk on them.
Take a look at the exchange on Fox News if your stomach can handle it.