Monday, February 18, 2013

Abolish Minimum Wage

"What we really should do is completely abolish the minimum wage, that would make a lot of sense."

"We didn't have a minimum wage for most of American history. It's something that started in the 20th Century. It was a bad idea and we ought to admit that it was a bad idea and get rid of it completely."

- Peter Schiff via a recent Yahoo Finance interview, read the full interview here: