Laffer appeared on Fox News alongside economist Austan Goolsbee to weigh the benefits and pitfalls of raising the federal minimum wage to $15 an hour from $7.25 an hour, where it has stayed for many years despite rises in the cost of living.
"Yeah, for those people, Sandra, who are coming into the labor force brand fresh—not old-timers who've been around for a while—the poor, the minorities the disenfranchised, those with less education, young people who haven't had the job experience," Laffer said."These people aren't worth $15 an hour in most cases."
Goolsbee countered, saying"the former CEO of McDonald's should probably talk to the current CEO of McDonald's, who just this past month, to the investors said that in the 29 states where they have a minimum wage above the federal minimum wage, McDonald's is doing fine."
Such disrespect for fellow human beings.
He’s an economist. Don’t use his own ego-driven job title. Your job is to cut through the BS.
$15 an hour is also $14.99 more than a Laffer opinion on anything is worth.
Art Laffer is a cancer
He literally said the poor and minorites aren't worth $15 an hour.
Antifa stormed the capital
He’s correct.