EDITORIAL/Black Caucus priorities
Wednesday, July 17, 2013 1:00 AM
The following editorial first appeared in The Wall Street Journal on July 12, 2013:
The Congressional Black Caucus met with President Obama last Tuesday to discuss black unemployment, which was 13.7% nationwide in June. Good subject, but what do you think the chances are that these powerful politicians discussed the latest damage from their own policies?
This week the Washington, D.C., city council voted 8-5 to create a super-minimum wage of $12.50 an hour for certain big retailers. Wal-Mart promptly announced it is canceling plans to build three stores in the district, and it will review plans for three others that are currently under way.
The District of Columbia is 50% black, its jobless rate is 8.5%, and the city has invested millions of dollars to revitalize shopping areas to attract anchor stories like Wal-Mart. Each Wal-Mart store offered the prospect of 300 new jobs and $1 million in tax revenue. Not to mention lower prices for such daily staples as food and clothing. Now all of that is in jeopardy.
Mr. Obama and black liberals in Congress all support minimum wage laws that do great harm to African-Americans in places like D.C. Not that they much notice.