I have mentioned these before: economics lessons over eggs and bacon. A tough way to start the day, but curmudgeons are made of sterner stuff, so we can take it.
Today's lesson was on the dangers of raising the minimum wage. Long story short (and BOY was it long), it's a gamble: raise it too much and everybody up the wage food chain will expect more (cooks in diners don't make all that much more than busboys, etc.); raise it too little and nobody will notice the good deed.
For politicians, the choice is easy - raise it enough to get your vote. That's all the economics they need.
He nearly put me off my bacon. Now THAT'S a crime against all curmudgeonry.
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