The following from Robert Reich, with whom I agree completely"
"The President agrees that the minimum wage should be raised to $10.40 an
hour but, unsurprisingly, Republicans oppose any increase. In this as
in many other dimensions, the conservative mind is remarkably flexible.
The minimum wage must not be increased, they say, lest employers lay off
millions of low-wage workers. But
record levels of CEO pay must not be tampered with because corporations
need to attract top talent. The poor must have less if they are to be
adequately motivated, but the rich must have more in order to ensure
their maximum effort. Food stamps and unemployment insurance must be
curtailed to prevent laziness among the needy, yet special tax loopholes
that subsidize the wealthy (such as "carried interest" for
private-equity and hedge-fund partners) must be retained. The 22
percent of American children now in poverty don't merit free school
lunches or health care, but it is necessary and just that the richest 1
percent of children receive $10 million free of estate taxes."