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Jul. 7 2009 - 5:38 pm | 57 views | 0 recommendations | 1,069 comments

BREAKING: Someone on CNBC worked minimum wage once!


Today on CNBC, which I was watching to distract myself from the emotional heft of the Michael Jackson memorial, Rebecca Jarvis had two think tank analysts going “Head 2 Head” on the minimum wage increase, pitting the Hudson Institute’s Diana Furchgott-Roth against David Min of the Center for American Progress. (Now that is what I call edifying: two career emissaries from the most insular and plutocracy-beholden subsector of the insular and plutocracy-beholden Washington establishment holding forth on the pros and cons of a miniscule increase in the living standards of poor folks so uncontroversial and indeed, beneficial to the very plutocracy who, struck by the sudden realization that plunging “demand” was not a problem that could be trusted to marketing department this quarter, allowed the Washington establishment to pass it into law already.)

But anyway, about 4:40 in Furchgott-Roth, who is such a fearsome intellect George W. Bush appointed her chief economist at his very favorite agency the Department of Labor, haughtily tells her little bleeding-heart adversary (who cut his communist teeth serving as chief banking policy adviser to noted social justice crusader Chuck Schumer) “You’ve obviously never run a restaurant, David.” Oh no she did not!

Anyway as it turns out David Min has worked in food service, although his Confucian work ethic was evidently not sufficient to propel him to the upper echelons of restaurant management, which explains his communism. Still, what a stupid display of stupid arrogance, Lady Diana! You’ve obviously never run a restaurant either, so “what is your point” as Michael Steele would say?


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  1. collapse expand

    A brilliant, riveting example of clutch counter-programming. No wonder CNBC’s ratings are through the…oh, wait…

    Sounds like the think tanked.

  2. collapse expand

    Well, Moe, YOU’VE obviously never bounced from Republican administrations to think tanks and back for 20 years straight. Can you imagine how bored she must be, waiting out Obama’s term at Hudson or AEI, filling up the time cranking out “comprehensive critiques of the practical program of feminism,” waiting for President Romney to put her back on the Council of Economic Advisers?

  3. collapse expand

    That old “you’ve never run a business” schlock is so stupidly annoying. Back around 2000-01, I was in an editorial slugfest in Iowa over the Living Wage idea. The finance prof from the local (tiny) college replied to my editorial with “you’ve never run a laundromat.” Or being yelled at during a political rally by a guy who shouted “get a job!” (when in fact I was working at least 2 jobs, I think, at the time). As Sarah Palin goes to show, however, it seems we can look forward to hearing this kind of stuff for a long time to come…

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    About Me

    I am a fiscally-challenged financial writer living in New York. I co-founded the blog Jezebel and used to write for Gawker. I should have learned my lesson but ever since they allowed smoking in my apartment I have had problems leaving it. I do not know how to change the name of my blog from "Moe Tkacik's page" but when I do I will probably name it something gay like "Mark Foley's page."

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