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Great Jobs and a Perfectly Fitting Story

Do you recall the old line about someone looking like “he came from central casting”?  About a person who appears, not merely to be a good fit for a job or expectation, but a perfect fit?  As a metaphor, the adage may be a stretch in describing the connection between a Page One story in the Star Tribune on Wednesday (July 6) and a major American Experiment project, but maybe not. The story was “Shortage of Skilled Workers Squeezing Twin Cities Builders.”  The project is “Great Jobs Without a Four-Year Degree: Good News for Students, Parents, and Employers.”  With the two...

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$15 minimum wage: Bad news from Seattle should give Minneapolis pause

As price of labor went up, people bought less of it — as standard economic theory predicts. This op-ed appeared June 29, 2017 in the Star Tribune. The Minneapolis City Council’s ordinance raising the minimum wage to $15 goes up for a vote on Friday. During a long and often emotional debate, supporters of the ordinance have often pointed to the example of Seattle, where the minimum wage was raised from $9.47 to $11 per hour in 2015 and to $13 per hour in 2016. But a new study suggests that Seattle’s experience might be a warning rather than an example. Economists at the...

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Major new study jolts liberals out of Fantasyland on $15 minimum wage

Steven Hayward has written about how liberals enjoy hiking cigarette and alcohol taxes so less is consumed but somehow totally fail to understand economic basics like supply and demand and price sensitivity when it comes to raising the minimum wage. The much needed reality check is delivered via a game-changing new study described in yesterday’s Washington Post story, “A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news for liberals”: When Seattle officials voted three years ago to incrementally boost the city's minimum wage up to $15 an hour, they'd hoped to improve the lives of low-income workers. Yet...

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I’d be dancing, too (if I lived in a luxury loft subsidized by taxpayers).

Star Tribune photo by Jeff Wheeler

The A-Mill Artists Lofts, located along the Mississippi River, are a special “affordable housing” project of the Metropolitan Council, City of Minneapolis, Hennepin County, et. al. The project is subsidized with taxes and grants, the below-market rate rents are tied to a certain income and reserved for people who are “committed” to being an artist. Anyone who voted to spend tax dollars on this project ought to be banned from public life. ...

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