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On his CNN program, Glenn Beck allowed the Cato Institute's James Dorn to repeat a much-circulated myth that the minimum wage increase proposal would benefit "typically your part-time ... young workers that are making minimum wage," adding that [m]ost of these workers are in families that have incomes in the middle income or even higher middle-income families."
In his latest column, Rich Lowry wrote that "[t]he effect" of a Democratic proposal to raise the federal minimum wage "basically will be to give a small boost to the wage of teenagers working summers or after school." In fact, the Economic Policy Institute found that 71 percent of those who would be "directly affected" by the Democratic minimum-wage proposal are age 20 or over.
A Wall Street Journal editorial repeated the claim that the deficit-neutral "pay-as-you-go" (PAYGO) budget rules that House Democrats intend to reinstate did not contribute to the elimination of the budget deficits in the 1990s. But both former Federal Reserve chairman Alan Greenspan and former Congressional Budget Office (CBO) director Dan L. Crippen have pointed to PAYGO as instrumental in establishing the fiscal discipline that gradually decreased the deficit during the 1990s and ultimately led to large surpluses.
Both The New York Times and the Los Angeles Times reported President Bush's claim that his administration had achieved its goal of cutting the 2004 budget deficit in half (as a percentage of gross domestic product) by 2009. But neither newspaper noted that the 2004 deficit figure Bush claims to have halved was a possibly inflated projection that the deficit never reached. When compared to the actual 2004 deficit, the 2006 shortfall remains above the halfway point.
George F. Will falsely suggested that most employees who would benefit from a Democratic proposal to raise the federal minimum wage to $7.25 an hour are "students and other part-time workers." In fact, a majority of those who would be affected by the Democratic minimum-wage proposal are full-time workers.