Liberals’ love of recycling extends to their ideas, one of which illustrates the miniaturization of Barack Obama’s presidency.
He fervently favors a minor measure that would have mostly small, mostly injurious effects on a small number of people. Nevertheless, raising the minimum hourly wage for the 23rd time since 1938, from today’s $7.25 to $10.10, is a nifty idea, if:
If government is good at setting prices. Government — subsidizer of Solyndra, operator of the ethanol program, creator of HealthCare.gov — uses minimum wage laws to set the price for the labor of workers who are apt to add only small value to the economy.
Will is a columnist for The Washington Post.