Quote – Dan Mitchell, senior fellow, Cato Institute.

A closer look at the unemployment [nearly 10 percent unemployment rate] suggests that minimum wage laws also deserve a big share of the blame….businesses are not charities and that they only create jobs when they think a worker will generate net revenue. Higher minimum wages, needless to say, are especially destructive for people with poor work skills and limited work experience.

Dan Mitchell, senior fellow at the libertarian Cato Institute. Selected from “Minimum Wage Hike Deserves Share of the Blame for High Unemployment”, on Andrew Breitbart’s Big Government.

Tuesday, June 15, 2010