Ezra Klein: There Were Better Ideas than Minimum Wage Hike, but GOP Blocked Them All

Klein: There Were Better Ideas Than Raising Minimum Wage, But GOP Blocked Them (Mediaite)

Former Wonkblog editor Ezra Klein told Morning Joe host Joe Scarborough Wednesday morning that raising the minimum wage is not an ideal solution to economic stagnation and income disparity, but may be one of the better ideas leftover after others had been killed by Republican lawmakers.

“You make the point that there’s a dimension of the minimum wage that is a transfer from low-wage workers to low-wage workers,” Klein said. “But there have been a bunch of other policies on the table in the last couple of years that would have been the transfer from high income and rich workers, from CEOs, down to low-income workers that we’ve talked about: the American Jobs Act; somebody could stand up and say, let’s jump up the earned income tax credit, and pay for it with a tax increase. And that’s been killed by folks, primarily by Republicans in Congress.”