Watch Reason’s absolutely amazing response to the call for a disastrous minimum wage increase

So, last week, Funny or Die released a video featuring actress Kristen Bell as a Mary Poppins who is struggling to work as a nanny on a $7.25 hourly wage. Basically, it’s a nearly 3-minute video making the case for President Barack Obama’s $10.10 minimum wage increase.

“Just a $3 increase can make a living wage,” Bell, star of Disney’s hit animated flick Frozen, sings to the tune of “A Spoonful of Sugar” from the 1964 film, Mary Poppins. “It makes a living wage. It makes a living wage.”

Well, Reason TV respond with its own Mary Poppins-style short. In the video, Remy, a comedian who frequently works with Reason on videos that parody current events and policy in hilarious videos and equally funny songs, plays a chimney-sweeper who explains the unintended consequences of a minimum wage increase.

“Just 3 pages of Econ. And perhaps your mind will change. When free people arrange
Voluntary exchange,” Remy says. “Just 3 pages of Econ. With this talk of ‘living wage,’ tell me, what do you folks pay?”

Watch the video below:

Yeah, it may make for a catchy, feel-good tune for a comedy outlet like Funny or Die. But jacking up the minimum wage would have real consequences for the economy.

The Congressional Budget Office released a report earlier this year finding that President Obama’s proposed minimum wage hike would lead to the loss of between 500,000 and 1 million jobs. Most minimum wage earners are the second earners in their family.

What’s more, an increase in the minimum wage to $10.10 per hour would mean that businesses, particularly restaurants and retailers, would invest heavily on automation, something that’s already happening in Europe.


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