Monday, September 27, 2010

South Africa's minimum wage laws are working.

From The New York Holy Times:

....16 years after Nelson Mandela led the country to black majority rule, more than half of blacks ages 15 to 34 are without work — triple the level for whites.

....The sheriff arrived at the factory here to shut it down, part of a national enforcement drive against clothing manufacturers who violate the minimum wage. But women working on the factory floor — the supposed beneficiaries of the crackdown — clambered atop cutting tables and ironing boards to raise anguished cries against it.

Go here to read more about the racist origins of the U.S. minimum wage laws.  The authors of this legislation wanted to guarantee full white employment at the expense of blacks.  The issue was debated along those lines in Congress, and is one of the most successful pieces of legislation ever written, IF you look at it from the point of view of a Klansman.  
The cartoon above came from Carpe Diem, Professor Mark J. Perry's blog about economics and finance.  This next cartoon is somewhat off-topic, but I think it illustrates the same mindset. 
It's not about helping you.  It's about how I feel while I pretend to help you. 

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