- Posted Feb. 16, 2013 11:05 a.m.
- Oops! Her argument against raising the minimum wage misses the mark by several dollars
-
Poor Marsha Blackburn! She must have missed school the day that inflation was explained.
Blackburn, a Republican member of Congress from Tennessee, says raising the minimum wage from the current $7.25 an hour to $9 would deprive some teenagers of learning the valuable lessons she learned as a kid when she made only $2.15 an hour working in a store.
But she forgot to take inflation into account, as we see HERE:
[W]hat Blackburn didn’t realize is that she accidentally undermined her own argument, since the value of the dollar has changed immensely since her teenage years. Blackburn was ...
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