Thursday, June 10th, 2021 13:02:45

Skills Matter

Controversy erupted Tuesday over a comment made by economist Art Laffer regarding hourly wages.

Asked by Fox News anchor Sandra Smith if the minimum wage should rise, Laffer replied that many minimum wage workers “aren’t worth $15.” Some people latched onto the statement as though it was about a person’s intrinsic worth, rather than the value of their skills and attributes in a labor market.