Keep the Cheap Jobs Here

Arianna once again has her panties in a bunch, and I’m the libertarian brave enough to reach in and fix them.

Yes, it’ll drive Huffington into spastic frenzy.  But, this is not a reason to subsidize the minimum wage.  David Shuster will tunnel ever deeper into his rabbit hole of despair.  Sadly, neither is this a reason to subsidize the minimum wage.

Unemployment is somewhere between 6.3-17.3%, and that is why we need to allow small businesses to pay employees a couple bucks an hour and have unemployment make up the difference.

Don’t jump to conclusions here, please read my plan through.  This isn’t an off-the-wall proposal.  Republicans can reach across the aisle to Obama with an idea Paul Krugman himself supports.  Presenting this as a “no-cost jobs bill” and “free stimulus” is exactly the kind of reform judo conservatives need.

Overall, as Cato points out 6.3% – 17.3% of America is unemployed depending on your definition of unemployment.  In December 2009:

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