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Mar 9, 2009

John Stossel, excels again on interview.

This is a really good interview with Stossel giving his views on many of the important issues of our time. This is the first part, which is close to ten minutes, and for those who have more time on their hands, the second part is great as well.

At around the seven minute mark, a point is made that I haven’t seen made in a long time, possibly since I read, (I think) “The Incredible Bread Machine,” back in the 70s:

Interviewer: … like you can pass a minimum wage law and go and interview the happy employee of Burger King who just had her wage boosted but you can’t interview the person that doesn’t know that he wasn’t going to get hired.

Stossel: That’s part of it, its certainly hard to show the people who are hurt by government programs that take two cents from everyone or prevents a job from being created, you can’t take a picture of that. But that’s not just television, I think intuitively its hard to get: Intuitively the minimum wage makes sense, we want to help poor people raise the minimum wage, its hard for people to understand to understand how that hurts people. …

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