Wall Street Journal editor: Don’t hike minimum wage because workers ‘learn’ from poverty

Wall Street Journal Editor Paul Gigot argued on Sunday that the minimum wage should be kept low because it would teach workers that they did not want to work low-wage jobs.

During a panel discussion on ABC’s This Week, Gigot predicted that a decision in Seattle to hike the minimum wage to $15 an hour would eventually backfire.

“I think what [Mayor Ed Murray] is going to find out is he’s pricing a bunch of people out of the labor market,” Gigot opined. “Particularly the young, the least skilled, teenagers, people who want to go in and gen in on that basic, bottom rung of the economic latter and move up.”

http://www.rawstory.com/rs/2014/06/08/wall-street-journal-editor-dont-hike-minimum-wage-because-workers-learn-from-poverty/

What a dick.