Another Pavlovian key word.....
This one is funny. If you wonder where NJ gets it from, you will find out by the third paragraph. By the end the article, it becomes clear that the left has its head up its ass. It's common sense.
In short, Krugman's story of Walmart raising wages in response to political pressure simply flies in the face of the evidence. Walmart is just being Walmart: making a rational decision to lure and retain workers in a tightening retail labor market through greater compensation.
The problem with ignoring this evidence is that it encourages the notion that we can make wages, in Krugman's words, "a political choice," with no concern for its effect on employment.
http://www.forbes.com/sites/realspin/2015/04/02/why-did-walmart-raises-its-wages/
This one is funny. If you wonder where NJ gets it from, you will find out by the third paragraph. By the end the article, it becomes clear that the left has its head up its ass. It's common sense.
In short, Krugman's story of Walmart raising wages in response to political pressure simply flies in the face of the evidence. Walmart is just being Walmart: making a rational decision to lure and retain workers in a tightening retail labor market through greater compensation.
The problem with ignoring this evidence is that it encourages the notion that we can make wages, in Krugman's words, "a political choice," with no concern for its effect on employment.
http://www.forbes.com/sites/realspin/2015/04/02/why-did-walmart-raises-its-wages/
