Recently, Democrat presidential candidate, Pete Buttigieg, decided to try his hand at Bible application. He argued that the federal government should prohibit any wage lower than $15/hour.
And he quoted the book of Proverbs: “Whoever oppresses the poor taunts their maker.”
When it comes to failure, that’s what we call a two-fer: It was both bad theology and bad economics.
First, bad theology: The Bible is a very long book and it does not specify a specific wage level, ever. The New Testament parable of the workers seems to argue in favor of mutually agreed upon wages, not mandated wages.
And then we have Mayor Pete’s bad economics: There is no doubt that a $15/hr. minimum wage would create a spike in unemployment, and the hardest hit would be the children of the working class and the poor.
Let’s hope the nation is not fooled by either bad economics or bad theology.Read More »