Globalist Economics No. 37: Raising the Minimum Wage, or How to Make Water Flow Uphill

Western liberals hate it when it's pointed out that their globalist policies create poverty in the developed nations by putting the Western workforce in direct competition with the billions of poverty-stricken workers of the Third World: from Bangladeshi garment-industry workers employed in collapsible factories for pennies and hour, to Chinese electronics assemblers employed in factories with anti-suicide nets, and Indian IT technicians earning in a year what a similarly qualified American or European might earn in a month.

So what to do?

Raise Western wages by fiat. Legislate a higher minimum wage.* Easy, hey! And sure to win the hearts and minds of every economically illiterate voter, which is to say most people.

What, after all, could go wrong in ordering greedy, fat-cat employers like Donald Trump to pay their workers more?