I post this item not to mock Mika Brzezinski. But her comments this morning were so illustrative of the liberal mindset--in ignoring fundamental principles of economics--that they are worth highlighting here.
An entire Morning Joe segment had been devoted to discussing the wage dilemma in America. In the context of analyzing the right-to-work law soon to be signed in Michigan, the panel—apparently excepting Mika—agreed that we face hard choices here. We can artificially preserve high wages for a relative few, or let wages seek their natural level, providing more jobs at lower pay. As Joe Scarborough put it, we have to decide if we want jobs to go to China, or remain here, understanding that if we want them to stay, wages cannot remain at levels in existence before America was forced to compete internationally. All this was apparently lost on Mika. In the following segment, insisting "it's kind of simple," Mika argued that employers making big profits should pay their workers more. "Why not? I don't get it," miffed Mika about "greedy" bosses. As former Obama car czar Steve Rattner gently explained, "it's capitalism."
View the video here.
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