A couple of weeks ago, my dad called me and asked me if I had seen the Oprah show that was just on. It was about people living on minimum wage and the struggles they face. I did not get to see the show but my dad said it was pretty pathetic in that Oprah really didn’t have anyone with any intelligence on the show. Rather, it was a typical gripe fest about how everyone “deserves” a minimum wage of something like $15 per hour and everyone should have health insurance given to them. I believe something like this has been done before. It’s called communism and it doesn’t work. Anyway, it sounded like it was a show that would get on most personal finance bloggers’ nerves. It got on mine and I didn’t even see the show.
Well, in today’s paper was an editorial by Walter Williams talking about that show. My wife read his comments to me and then she said, “I like Walter Williams.” I do too.