CEO of Euro Pacific Capital Peter Schiff does not believe the US should have a minimum wage – let alone have a discussion about raising the minimum wage. I find that opinion extremely disheartening but it was his thoughtful response to Samantha Bee that makes me think, “What a dick.“
Schiff: “If we eliminated the minimum wage law then individuals would be free to accept jobs at whatever pay they’re able to get.”
Bee: “Paint me a picture of a person whose work would be worth $2 an hour.”
Schiff: “You know somebody who might be? Maybe somebody who is, uh, you know, what’s the politically correct word? Uh, you know, uh, for, uh, you know, mentally retarded?”
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