Politely No to John Edwards
And I watch the liberal talk shows on Sunday morning. I saw the interview by George Stepanopolous of John Edwards. Per ABC News online:
Edwards endorsed the Kennedy-McCain approach to immigration -- "earned citizenship" and increased border protection. He suggested raising the minimum wage, expanding the earned income tax credit, and strengthening organized labor as the keys to a better economy. His main focus these days, however, is education.
I disagree with him on his views of what benefits the economy:
1. Minimum wage hurts lower income workers from entering the workforce and forces employers to use alternate means of production when the labor cost exceeds its production.
2. Expanding earned income tax credit--- just cut income taxes period.
3. Strengthening organized labor. No it drives up the cost of products with no quality improvement. Does Edwards think that organized labor has helped US car manufacturers?
4. Education--- Does the organized public education structure provide a quality product? We seem to be paying more for less achievement.
5. On strengthening border protection and "earned citizenship", I agree with him though I do not know his exact proposal.
I'll give him that last issue. 1 out of 5 with the 4 being complete economic disasters. No, politely I must say No.