Reprinted with permission from Shareblue.
Trump chief economic adviser Larry KudlowÂ lovesÂ theÂ trillions of dollarsÂ the Trump tax scam gave to the wealthy, but he doesnât think working Americans deserve a minimum wage, let alone a living wage.
During a Washington Post LiveÂ event, interviewer Robert Costa asked Kudlow if he and Trump could possibly cut a deal with Democrats on the minimum wage after the midterms.
âMy view is no,â Kudlow said. âMy view is a federal minimum wage is a terrible idea. Terrible idea.â
He said raising the minimum wage would be damaging to small businesses, but also argued against the very existence of minimum wage laws of any kind.
âIdaho is different than New York. Alabama is different than Nebraska. Thatâs why the federal minimum wage doesnât work for me,â Kudlow said.
Kudlow concluded by saying that he opposes minimum wage laws at the state and local levels, as well, but that those laws are âup to the states and localities.â
Kudlowâs talking points about the minimum wage are false. Multiple studies haveÂ shownÂ that raising the minimum wage has little or no impact on job creation, while it would have a dramaticÂ effectÂ on poverty.
And heâs not just saying the federal minimum wage, which has not been increased since 2009, should not be raised, heâs saying it should not exist at all.
Kudlowâs opposition to the minimum wage is all the more galling given his praise for the Trump tax scam, which has rewarded the wealthiest people in the country, and companies that have largelyÂ used the windfallÂ to pad profits and stock prices.
Itâs no surprise that multi-millionairesÂ likeÂ Larry Kudlow love Trumpâs giveaway to the rich, but telling Americans they donât even deserve a minimum wage is a despicable way to rub our noses in it.
Published with permission of The American Independent.