"Honestly the minimum wage makes no sense to me, it's just the teenage -- black teenage unemployment act..."
Because in FOXland, only those people make minimum wage. So why raise it? Laffer goes on to say we should abolish the minimum wage for black teenagers so they don't have to actually be paid or anything while learning "the skills they need to become productive members of society." After all, if we could pay those people less, we could hire a lot more of them. Heck, if we made them work for no money, we could hire infinite black teenagers. Voila! Job creation!
I understand we tried that 400 years ago, too.
Snark aside, convincing FOX News viewers that the minimum wage only helps minorities makes it a lot easier to sell abolishing it as a political plank for the GOP, yes?