John Stossel has been around forever.
He doesn't publish a column that often, and when he does it is usually to remind us that certain economic principles have not changed. In this case it is the one, that Thomas Sowell (America's greatest living economist and deserves the Medal of Freedom)
“Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force."
I HATE IT WHENEVER A POLITICIAN SAYS HE IS GOING TO MAKE THINGS BETTER BY HIKING THE MINIMUM WAGE. IT HELPS NOBODY. IT SEEMS TO HELP THE WORKER, BUT THE PRICE OF EVERYTHING GOES UP TO COVER IT, SO NO PROGRESS IS EVER MADE. IT IS THE LOGIC OF A CALIFORNIA POLITICIAN...ENOUGH SAID.
Pull quote
The Democratic Socialists said they had a solution. Seattle's city council imposed a $26 delivery driver minimum wage.
What could go wrong?
Two years later, we know the answer: Gig workers make no more money, but prices went up.
Apps like DoorDash and Uber Eats added a $5 fee for consumers "to help cover the costs of these ... regulations."
Now Seattle residents complain about prices. "I ordered a $12 sandwich ... $12 grew to $32!" complains one in my new video. "I just deleted the app."
https://townhall.com/columnists/johnstossel/2026/06/24/minimum-wage-fail-n2678180
Congratulations to @MrsS and @wilbner. Your questions were chosen for tonight’s Ask Greg and the Panelists.
MrsS: Name a guilty pleasure of yours.
Wilbner: What motivated you to get into your chosen profession?
Congratulations to @steve-allen. Two of three of your questions were chosen for tonight’s Ask Greg and the Panelists. This is a first!
Whats the most regrettable purchase do you ever remember making ?
What movie scene in what movie shocked you the most?
Begging for prayer. 42 year old son had a kidney removed last year due to stage 4 cancer. Enzymes elevated now and looks like metastasized renal cell carcinoma. New problem? Had infusions this last year and it could be due from that. Awaiting pathology results. Please pray.
