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Episode 5: Crisis in Crimea, Blue Civil War, and the Minimum Wage

Happy Tuesday from The American Interest! In this week’s podcast, Richard Aldous and Walter Russell Mead tackle some of today’s most pertinent issues, including the infighting of the Democrats in the “Blue Civil War,” a bigger picture view of the crisis in Crimea, and a new way to look at the minimum wage debate.

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Published on: March 11, 2014
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  • Corlyss

    The inequality debate MUST start to account for the transfer payments AND the remittances issue. When the vast majority of American poor have a car and more than 50% of them have big screen tv and cable, what meaning does the word “poor” have? Additionally, I have no doubt that a lot of illegal immigrants’ income stats are written on the inequality bloody shirt, no one has accounted for their “robbery” from the American economy in the form of remittances to their multitudinous relatives “back home.” If fact, if anyone were seriously interested in stopping illegal immigration, they would shut down these fast cash check-cashing store fronts that have proliferated wherever illegals nest.

    • Andrew Allison

      Corlyss, you make a very good point that the income of those earning the minimum wage should include social welfare benefits (Medicaid, Food Stamps, Negative Income Tax, etc.) . It would be ironic if increasing the minimum wage had the effect of reducing the effective income of workers by reducing their other benefits.
      I just wish you had stopped there ;<)}

      • Corlyss

        Nobody talks about the transfer payments. Even fewer people talk about remittances as part of a nation’s economic picture. It’s an issue with every nation that has unrestricted immigration by the unskilled and illiterates. I might not object if I knew how much it were, but since no one talks about remittances except to note that they sure help the home folks, who knows? It’s like trying to assess the off-the-books barter economy.

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