Let there be higher wages

Money quote:

"If Mr. Obama follows Dean Edley’s advice, low-skilled workers’ wages will indeed change – specifically, the wages for many of these workers will fall from their current levels (say, $7.25 per hour) to $0 per hour. Firms seeking government contracts will replace low-skilled workers with machines; hire fewer such workers and work them harder; or use a smaller number of higher-skilled workers to perform tasks previously performed by a larger number of low-skilled workers."

Cafe Hayek — where orders emerge