https://twitter.com/Gray_Wolfs76/status/881747033379549185
I still can't believe this happened https://t.co/T75tJeSPC1
— kilgore trout was in the loop (@KT_So_It_Goes) July 3, 2017
You’re gonna need to double up on the oven mitts to handle the heat from Matt Yglesias’ latest economic take:
https://twitter.com/mattyglesias/status/881692457636855808
https://twitter.com/mattyglesias/status/881692844846723077
This woman disagreed with Matt’s take, so she figured she’d opt for a rebuttal based on basic economic logic:
I like your takes but disagree a lot with this one
— Bonnie Kavoussi (@bkavoussi) July 3, 2017
https://twitter.com/mattyglesias/status/881694177087696896
If there's no way around the $150 minimum wage, some businesses might close down or shrink a lot, and a lot of jobs would be lost.
— Bonnie Kavoussi (@bkavoussi) July 3, 2017
The kind of price increases that might be needed to offset those higher wage costs, people might not be able to pay for.
— Bonnie Kavoussi (@bkavoussi) July 3, 2017
So you could end up with a lot of lost jobs and lost business activity, and too-high inflation
— Bonnie Kavoussi (@bkavoussi) July 3, 2017
If you change prices and wages, fundamental productivity still doesn't change, so a lot of workers would get priced out from a $150 min wage
— Bonnie Kavoussi (@bkavoussi) July 3, 2017
Honestly, though, Matt’s not really the kind of guy you can reason with when it comes to economics. So you might as well go straight for the mockery.
https://twitter.com/bkerogers/status/881713060116934657
I just saw little Matty's tweet about raising the min. wage to $150/hour and I couldn't wrap my brain around it.
— Physics Geek (@physicsgeek) July 3, 2017
The Yglesias $150 minimum wage tweet was dumber than Trump's CNN wrestling gif tweet
— Stephen Miller (@redsteeze) July 3, 2017
https://twitter.com/mullrainee/status/881738650765193216
— Zach (@zwatson18) July 3, 2017
This is one of the dumbest things anyone has ever said.
— Jerry Holstein (@jerry_holstein) July 3, 2017
why not 200$? do you hate poor people?
— Kev (@kevlozano) July 3, 2017
The government should just print enough money to give every citizen 10 million dollars. Then everyone could be in the 1%. Poverty solved
— Justin Domanski (@Dr_Patternicity) July 3, 2017
Quick everybody, get out a Sharpie and let's draw an extra zero on all our money to save the economy pic.twitter.com/6B5EDDZ2Fv
— David Burge (@iowahawkblog) July 3, 2017
https://twitter.com/beninmaitland/status/881792312518606848
https://twitter.com/ENEMIESOVER/status/881736811869024256
Newly minted thousandaires will be surprised when even millionaires won't buy $50 burgers. Get back on your medication, man.
— Dindu Nuffin ?? (@LibertySoda) July 3, 2017
A monkey on LSD could come up with a better idea. Try again.
— William West (@WilliamGWest) July 3, 2017
https://twitter.com/MitchBehna/status/881753258687123456
— Don't Know Jack (@JJK1C) July 3, 2017
https://twitter.com/ThisIsMajorTom2/status/881695242575130624
No one on the left should ever talk about managing money…ever
— BigJim (@BigJimNC55) July 3, 2017
read dis when u have the chance pic.twitter.com/BisWm9MfWF
— a portrait of the artist as a young poster (@fictionposter) July 3, 2017
https://twitter.com/The_Virg_/status/881858281798553601
https://twitter.com/TRD73/status/881701014402936832
Poor Matt.
— CLA (@ConservativeLA) July 3, 2017
Editor’s note: This post has been updated with additional tweets.
***
Related:
Wait for it! Charles C.W. Cooke predicts lefty reaction to Seattle minimum wage BACKFIRE
‘LMAO OK guys’: Salon can’t handle the truth about Seattle’s minimum wage mess
Rep. Keith Ellison turns cartwheels over Minneapolis min. wage law, lands awkwardly on Seattle