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21 August 2017

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Glenn Loury (Brown University) and Andrew Weiss (Weiss Asset Management, Boston University)

On The Glenn Show, Glenn and Andy discuss why good intentions are not enough when politicians are trying to help the poor. They consider the downsides of raising the minimum wage, which Andy likens to a “secret sales tax” on the working poor. Glenn plays devil’s advocate and brings up Australia, which has a minimum wage twice that of the US. Is there a better way to help the long-term jobless than the current unemployment insurance system? Andy recounts how his experience as an employer made him much more sympathetic to anti-regulatory arguments. Finally, are there Democrats who are willing to hear from someone like Andy?

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Recorded:Apr 22    Posted:May 26, 2014
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The Glenn Show | May 26, 2014 | Glenn Loury & Andrew Weiss

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